I have BTC topping out @83850k

I have BTC topping out @83850k zone, to complete a 5 wave count up, we "may" see a fake middle top around 76400k zone deep retrace then run to the 83850k zone currently btc is still in a macro trend extension after completing a standard 9 count to the high in June an open and close monthly new ATH needs to print to confirm the TD sequential count, which also would complete a macro 5 wave count from current cycle macro low, looking for a local divergence for a right side higher top also to complete topping pattern sequence

BTC Retraces to $96000: Buy the Dip or Exit Now?

Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term. ------------ What's your target price for Bitcoin in 2024? Is it good time to buy the dip or exit from Bitcoin?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":365815642480736,"tweetId":"365815642480736","gmtCreate":1730350569164,"gmtModify":1730352807457,"author":{"id":4189719922014022,"idStr":"4189719922014022","authorId":4189719922014022,"authorIdStr":"4189719922014022","name":"Surfing The Markets","avatar":"https://community-static.tradeup.com/news/5a802bf0fe6b0e1a9897a60594c8a0be","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.05","exceedPercentage":"60.49%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":16,"starInvestorFlag":false},"themes":[{"themeId":"50455a3684d44e6d9ff5b0367f889ef0","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"BTC Retraces to $96000: Buy the Dip or Exit Now?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":50455a3684d44e6d9ff5b0367f889ef0}&rnconfig={\"headerBarHidden\": true}","description":"Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term.\n------------\nWhat's your target price for Bitcoin in 2024?\nIs it good time to buy the dip or exit from Bitcoin?","image":"https://community-static.tradeup.com/news/04432831a9e272d10f2bcaf34b40b54c"}],"images":[{"img":"https://community-static.tradeup.com/news/df51712760be79d70823e151cf2fd632","width":"750","height":"1334"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/df51712760be79d70823e151cf2fd632","width":"750","height":"1334"}],"html":"<html><head></head><body><p>I have BTC topping out @83850k zone, to complete a 5 wave count up, we \"may\" see a fake middle top around 76400k zone deep retrace then run to the 83850k zone currently btc is still in a macro trend extension after completing a standard 9 count to the high in June an open and close monthly new ATH needs to print to confirm the TD sequential count, which also would complete a macro 5 wave count from current cycle macro low, looking for a local divergence for a right side higher top also to complete topping pattern sequence</p><img src=\"https://community-static.tradeup.com/news/df51712760be79d70823e151cf2fd632\" tg-width=\"750\" tg-height=\"1334\"></body></html>","htmlText":"<html><head></head><body><p>I have BTC topping out @83850k zone, to complete a 5 wave count up, we \"may\" see a fake middle top around 76400k zone deep retrace then run to the 83850k zone currently btc is still in a macro trend extension after completing a standard 9 count to the high in June an open and close monthly new ATH needs to print to confirm the TD sequential count, which also would complete a macro 5 wave count from current cycle macro low, looking for a local divergence for a right side higher top also to complete topping pattern sequence</p><img src=\"https://community-static.tradeup.com/news/df51712760be79d70823e151cf2fd632\" tg-width=\"750\" tg-height=\"1334\"></body></html>","text":"I have BTC topping out @83850k zone, to complete a 5 wave count up, we \"may\" see a fake middle top around 76400k zone deep retrace then run to the 83850k zone currently btc is still in a macro trend extension after completing a standard 9 count to the high in June an open and close monthly new ATH needs to print to confirm the TD sequential count, which also would complete a macro 5 wave count from current cycle macro low, looking for a local divergence for a right side higher top also to complete topping pattern sequence","highlighted":1,"essential":1,"paper":1,"likeSize":39,"commentSize":0,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/365815642480736","repostId":0,"isVote":1,"tweetType":1,"viewCount":546,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["BITI","BITO"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":429,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/365815642480736"}