Bitcoin targets $140,000! Fibonacci pricing model reveals potential space
CryptoChan2024/12/02 03:28
By:CryptoChan
CryptoChan, an on-chain analyst, said that according to the Bitcoin Fibonacci-Terminal pricing model, the price of Bitcoin has successfully broken through Line 4 ($93,742), and the next target price points to Line 5 ($147,553), indicating a bullish market sentiment.
The model is based on the Fibonacci sequence (3, 5, 8, 13, 21) and data on the Bitcoin chain, and divides important reference lines for historical price fluctuations: Line5: $147,553; Line4: $93,742; Line3: $60,111; Line2: $39,932; Line1: $26,479.
The model shows that the price fluctuates between these key lines from historical lows to highs, gradually moving towards new highs. Currently, after breaking through Line4, the market's attention has focused on the $140,000 mark (Line5). Investors need to pay attention to this key stage, adjust their strategies based on market trends, and welcome a new round of upward trend.

4
6
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like

Grok AI May Help Detect Early Bitcoin Sentiment Shifts Through Real-Time Social Analysis
Coinotag•2025/07/07 14:00

XRP warning lights flash again, crash is coming?
•2025/07/07 13:40
CertiK Recovers $181M in Q2 Amid $620M Crypto Losses
Coinlive•2025/07/07 12:10
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$108,573.36
-0.20%

Ethereum
ETH
$2,561.19
+0.08%

Tether USDt
USDT
$1.0000
-0.03%

XRP
XRP
$2.33
+2.14%

BNB
BNB
$662.35
+0.05%

Solana
SOL
$153.04
+0.95%

USDC
USDC
$1
-0.00%

TRON
TRX
$0.2872
+0.91%

Dogecoin
DOGE
$0.1705
-1.66%

Cardano
ADA
$0.5888
+0.40%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now