Jiang Zhuoer sees Bitcoin reaching $83,000-$84,000 before correction

  • Jiang Zhuoer said Bitcoin remains in an upward channel and that a correction is unavoidable.
  • His preferred path is $83,000-$84,000 first, followed by a correction to $72,000.
  • Jiang Zhuoer identified $82,300 as a possible pre-correction high.

Bitcoin remains in an upward channel, according to Jiang Zhuoer, founder of the BTC.TOP mining pool. He said a correction is unavoidable and favors a move to $83,000-$84,000 before a pullback to $72,000. If $82,300 proves to be the pre-correction high, Jiang expects the decline to feature wide, back-and-forth trading.

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