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The Moon Show
Bitcoin Price Prediction
The speaker predicts Bitcoin will break out and reach $130,000, with a bigger target of $142,000 and a potential higher target of $170,000.
Current Market Analysis
- The speaker believes Bitcoin is on the verge of a breakout.
- A retest of a falling wedge has increased the speaker's confidence in the predicted breakout.
- The immediate goal is to break the blue line, which is a significant resistance level.
Trading Strategy
- The speaker has big trades open on Bitcoin, Ethereum, Solana, and other coins.
- They advise preparing for the breakout by making deposits to exchanges and potentially opening long positions once the breakout occurs.
Important Levels
- The blue line is the most important level to break for the immediate short-term target.
- Another significant level is the support line, which must hold for the breakout to occur.
Disclaimer and Invitation
- The speaker invites viewers to use their referral links for exchanges, which provide special sign-up bonuses.
- They emphasize the importance of leaving a thumbs up and comments, as they provide signals for free and do not ask for donations.