BTC - Trying to Breakout
Right now we are examining BTC as it is trying to breakout of its falling wedge pattern.
If this is to happen then our initial 1.618 target would be $54,650 followed by the flagpole extension that could lead price as high as $61,800!
Of course, we could still see some resistance at 53k which could lead us to a retest of the falling wedge ($51.4-51.8k), but right now we are looking for confirmation.
If this is to happen then our initial 1.618 target would be $54,650 followed by the flagpole extension that could lead price as high as $61,800!
Of course, we could still see some resistance at 53k which could lead us to a retest of the falling wedge ($51.4-51.8k), but right now we are looking for confirmation.
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