BitcoinLong
BTCUSD $100K Nov $200K Jan
Updated
We have a similar three candle consolidation like the one seen before breaking out of the 20K ATH (Dec 14 '20). This week has just begun, and it's already breaching the ATH from April. There was a new ATH around 
67K from Oct 18, but that was short-lived; the candle didn't close above the previous ATH range. So it didn't do much from a market structure perspective. It is still acknowledged, though, by using a thicker resistance line.
Using the fractal starting from the Dec 14 break-out, we see potential for:
- BTCUSD 100K before November ends
- BTCUSD 200K towards year's end
67K from Oct 18, but that was short-lived; the candle didn't close above the previous ATH range. So it didn't do much from a market structure perspective. It is still acknowledged, though, by using a thicker resistance line.Using the fractal starting from the Dec 14 break-out, we see potential for:
- BTCUSD 100K before November ends
- BTCUSD 200K towards year's end
Trade closed manually
rejected & $52-53K level breachedTrade closed manually
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