Analysis Company Announces the Critical Level Necessary for Bitcoin Price to “Jump to $142,000 or $233,000”!

Crypto even As analysis firm Alphractal approaches $93,500, a key “concern zone” within the Short-Term Trader (STH) and Long-Term Trader (LTH) Sentiment Bands Bitcoin (BTC) He drew attention to a very important moment for us.

The firm’s analysis suggests that this level could be a critical decision point for BTC’s trajectory.

The concern band is a historically important resistance zone where profits and losses for both short- and long-term investors intersect. Alphractal noted that in previous market cycles such as 2013, 2017, and 2020, Bitcoin broke this zone, leading to significant price increases.

If Bitcoin breaks this level, it could look to the next resistance zone, which analysts call the optimism band, currently at $115,600. Notably, at previous market peaks, Bitcoin did not remain within this band but consistently broke through it, indicating its potential as a future resistance point.

Based on past market behavior, Alphractal identified two potential scenarios:

• 2021 Comparison: Bitcoin If it replicates its performance in 2021, it could climb to levels exceeding $142,200, shifting investors from “worry” to “excitement”.
• 2017 Momentum: If the price follows the intensity of the 2017 rally, Bitcoin could target levels above $233,800, which would represent a major upside.

Alphractal emphasized that it is important for Bitcoin to break through the $93,522 concern band to maintain upward momentum. Failure to do so could keep BTC locked in a consolidation phase and limit sudden price growth.

*This is not investment advice.