Bitcoin Ahead of The NFP Data

Bitcoin Ahead of The NFP Data

From our previous analysis, Bitcoin rose from 110300 to 113000 and reached our first target.

Today, the price is hesitant to rise further ahead of the NFP data, but still remains bullish.

I expect a normal correction, but even if it moves a little lower, the bullish momentum should resume again.

Technically, BTC has completed a WXYXZ corrective wave and is now resuming its dominant trend.

Key resistance zones to watch:
113,200
117,000
123,000 — a major target if momentum continues.

You may watch the analysis for further details!
Thank you!