Jason60704294: BTC Bullish to 120k After 7.8w Break
Trader @Jason60704294 reiterated his bullish Bitcoin outlook despite the black swan drop below 78k, forecasting 120k BTC this year once Binance resolves withdrawals and compensation.
SourceAnalysis
@Jason60704294 posted again after 22 days, maintaining that the bull market has begun even after the black swan event broke $78,000. He argues BTC has exhausted downside from multiple negative catalysts and expects a rebound once Binance reopens withdrawals with full compensation.
The trader reduced two-thirds of his position at $76,000 for protection and plans to reload between $76,000 and $78,000. He sees $120,000 BTC before year-end.
At $77,456, BTC sits below the EMA50 at $80,079 and EMA200 at $81,424 with a MACD death cross at -914.82, confirming bearish structure. Price remains inside the Bollinger Bands and could test the lower band support at $76,161 before any relief rally toward the upper band at $83,007.
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@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references