We are in an uptrend channel.
We are looking at a retest of 49500 before going higher.
The 5th impulse wave should bring us to 55k. This is where I'm looking to sell ALL.
Then we will see a ABC correction to 41.5k. (This would be a retest of the mega breakout that happened 2 days ago. See under.)
AFTER THAT, i'm looking at 72k target in the next 2 weeks, like I said in a recent view.
In short : 49.5k - 55k -41.1k - 72k
We are looking at a retest of 49500 before going higher.
The 5th impulse wave should bring us to 55k. This is where I'm looking to sell ALL.
Then we will see a ABC correction to 41.5k. (This would be a retest of the mega breakout that happened 2 days ago. See under.)
AFTER THAT, i'm looking at 72k target in the next 2 weeks, like I said in a recent view.
In short : 49.5k - 55k -41.1k - 72k
Note
Retest of the HUGE breakout happens at 41.1kNote
Flag Pole of the huge broke out pennant brings us to 71.4-72kNote
Some adjustments on the pattern but overall BTC is holding and we should see 5th wave.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.