12h time frame
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1CAT is building the second leg of a potential big double bottom, which show a critical resistance around $0.012, also the neckline of DB. Standard method to estimate target from a double bottom would get $0.0196, that is the 200% Fibonacci projection. Furthermore, if we consider the GameFi/BTC L2 potential that 1CAT possesses, there is more possibility to reach higher like hit $20 B at market cap during bull market.
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Bull target: $0.3~$1
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1CAT is building the second leg of a potential big double bottom, which show a critical resistance around $0.012, also the neckline of DB. Standard method to estimate target from a double bottom would get $0.0196, that is the 200% Fibonacci projection. Furthermore, if we consider the GameFi/BTC L2 potential that 1CAT possesses, there is more possibility to reach higher like hit $20 B at market cap during bull market.
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Bull target: $0.3~$1
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