Bitcoin Could Be Making a Sprint for $160,000 Based on These Indicators, According to Crypto Analyst

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”
A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark.
Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe.

The RSI is a widely used technical indicator that tracks an asset’s momentum.
According to TechDev, every time Bitcoin’s RSI broke above the mid-point of a descending channel, currently near the 65 level, BTC made a run to the 1.618 Fibonacci extension level.
With Bitcoin now above TechDev’s channel median point, the pattern suggests BTC will rally towards its 1.618 level, currently at $160,000.
“No guarantees here, but I do find it interesting…
Each time monthly RSI broke above the channel median, it went to the channel top, and Bitcoin went to the 1.618.”