After this weekends unprecedented actions following my previous analysis: (Linked below) , I had to provide you all with an update reflective of my latest observations.
All hats are off. Lets take it to another level.
I'm targeting 25K Price Per Bitcoin.
The supportive floor was breached and even though we aggressively rejected, we're still consolidating in essentially an air pocket, There's nothing supporting price here and I don't see why we won't retest the 40K level and or extend further into the 30 and 20K region. The current printed channel if we cannot maintain higher price levels where be where we will go.