Bitcoin Chart Report Sees 2022 Echo in Conditional $100,000 Case

Bitcoin (BTC) is framed in a weekly chart comparison as a conditional $100,000 scenario, based on a sequence that preceded an earlier recovery. At a cycle trough, Bitcoin set a lower low even as momentum strengthened. The bullish divergence was followed by a sharp breakout, echoing the move in 2022. The resemblance to an earlier sequence does not establish that the pattern will repeat or that BTC will reach $100,000. TokenPost previously covered Timmer’s conditional $100,000 double-bottom scenario , which depended on a potential break above resistance near $80,000.

Source: TokenPost