Does 47,000 is the buy opportunity in btc?

The huge Pump over the Crypto market is very crazy, Almost all of the Altcoins are reaching a new All-Time High. 

Today, Coin98 is pumping so fast and continues its way up at the time of writing. I bought some of it on August 20th, 2021 when it was trading at 2USDT. You know, I am an Altcoins HOLDERS and BTC trader. Will BTC surpass 64,800 for 100,000 this year? That's a good question. Let's deep dive into the current market.

Alright, We see that BTC gained momentum at 47,100 which is our strong support level. If BTC continues its way down I think it can be limited at 46,000 which is a FIBO minor level of 0.61 when you retrace it from 43,000 to 50,000.

In fact, I bought BTC on August 20th, 2021 when it has been trading at 48,000.  I know that BTC dropped a bit on August 24th, 2021, and August 25th, 2021 to reach this 47000 level, It's no a problem because, in my opinion, BTC is going to pump from today to reach 52,300-54600 around. Furthermore, BTC probably breaks 64,800 to reach a new ATH. Maybe, we can hit 100,000 before this year rolls over. Let's have a hope that BTC will reach this level But if BTC can't handle 47,000 and continues the way down to 46,000 which can support. But in my point of view, 47,000 is very strong and BTC start to bounce here.

My final thought, we are strongly bullish since BTC gained momentum on July 20th, 2021 when it has been trading at 29,300 back then. 

The content is an educational purpose, not financial advice. I advise you to do your own research in any investment. 

Happy trade everyone, I wish you all the best. 

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Does 47,000 Is a Buy Opportunity In BTC? Analysis