PakRT

ICP Breakout Major Resistance

Lång
BINANCE:ICPBTC   ICP / Bitcoin
Hello Traders,

The web3, AI, and data narratives in blockchain are getting hype lately and i think it will be new trend. Especially data service such as indexing, oracle, etc., because it will be the foundation of web3 and AI including ICP project.

Based on Dfinity roadmap, ICP not only want to be a full web3 infrastructure but also make defi run on its own network that will attract a lot of liquidity. This vision is shown on the chart itself that ICP was showing strength since early of 2023 and just breaking out the major trendline resistance on btc pair from 4H - Daily time frame.

Possible short term target 3400 - 3700 sats
Midterm target 4600 sats
Can wait for pullback below 2900 sats to entry

Cheers!

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