The recent Bitcoin price move seems to be going according to plan in an analysis shared by crypto analyst TehThomas. The post, which was shared on the TradingView website, showed a possible path that the Bitcoin price could follow this period, showing both bounce-off and resistance points. Now, with Bitcoin already clearing $117,000, it seems that the next phase of the analysis could be playing out from here, and the crypto analyst is quite bullish.

What Happens After The Bitcoin Price Touched $117,000?

In the analysis, Thomas pointed out that the Bitcoin price had successfully cleared out local highs and was able to take out the liquidity above the previous range . However, there were inefficiencies that had been left behind after the previous move that were inadvertently fill

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