Bitcoin

Time

<ul class="wp-block-list">
 <li>Bitcoin may climb to $170,000 after filling the $78,000 - $80,000 CME gap.</li>  
 <li>A $100,000 breakout could lead to a retracement and eventual massive rally.</li>  
 <li>Patterns resemble Bitcoin's 2017 cycle, suggesting history may repeat with similar price moves.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/bitcoin-btc-sets-new-ath-at-81858/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> may be gearing up for an explosive move over the next 60 days. Traders are watching for a potential climb to $170,000, but the journey could take some detours. The roadmap suggests Bitcoin first pushes above $100,000, then retraces to the $78,000 - $80,000 CME gap. A similar sequence occurred during the 2017-2018 cycle, adding weight to these expectations. Let’s explore the critical levels that could shape Bitcoin’s next big move.</p>  
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<h2 class="wp-block-heading" id="h-breaking-100-000-and-filling-the-cme-gap">Breaking $100,000 and Filling the CME Gap</h2>  
<p>The first step involves Bitcoin breaking <a href="https://cryptonewsland.com/bitcoin-btc-sets-another-new-ath-at-77252-75/" rel="noopener noreferrer nofollow">past $100,000</a> and reaching $102,000 - $104,000. This milestone could spark excitement but may also trigger a correction. Many traders anticipate a pullback to fill the $78,000 - $80,000 CME gap. These gaps often act as magnets for price action, offering opportunities for re-entry.</p>  
<p>Closing below $73,000 on larger time frames could accelerate a temporary bearish trend. A cascade of <a href="https://www.investopedia.com/terms/s/stop-lossorder.asp" rel="noopener noreferrer nofollow">stop-loss orders</a> might lead to heightened selling pressure. However, such moves often set the stage for a stronger recovery.</p>  
<h2 class="wp-block-heading" id="h-retesting-support-and-surging-to-170k">Retesting Support and Surging to $170K</h2>  
<p>After a retracement and support retest, <a href="https://bitcoin.org/" rel="noopener noreferrer nofollow">Bitcoin</a> could gear up for a powerful rally. A 150% move from the $78,000 range would bring the price to $170,000. This level represents more than just a technical target.</p>  
<p>Reaching $170,000 would mark a psychological turning point, drawing renewed investor interest. Bitcoin's current pattern resembles the 2017-2018 cycle, where a similar sequence played out. Traders should keep a close eye on these levels while remaining prepared for surprises.</p>  
<p>The market’s next moves could redefine Bitcoin’s long-term trajectory. Will history repeat, or will new variables change the game? Time will reveal the answer.</p>   
<p>The post <a href="https://cryptonewsland.com/btcs-key-levels-to-watch/" rel="noopener noreferrer nofollow">BTC to $170K: Key Levels to Watch, Including a Potential CME Gap at $78K</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

BTC to $170K: Key Levels to Watch, Including a Potential CME Gap at $78K

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