Interesting!! If this happens BTC is going to $40K!
Updated
This is interesting. Fractals are pointing towards 40K.
If you observe the RSI and MACD. The current pattern already formed when BTC was trading at 28k at 30Dec. BTC broke out then unexpectedly. I see the same pattern now.
Break and close above 35900 could possibly trigger a rally towards 40k.
Yeah this possible now. Observe the chart carefully you'll know why.
Any close below the resistance trendline could lead to 33k BTC.
Chart invalidate with a daily close below $33521. This will trigger a 10% decline in BTC.
I hope this short info helps.If it does, do hit the like button and follow me for future updates.
Your questions will be answered in the comment section.
Thank you
#PEACE
Note
The chart has been very spot on so far.What we really lack is a retest of the breakout.
If you caught the breakout congratulations.
Although BTC doesn't really care about corrections these days if it does the levels to watch would be anywhere between 35480 to 36170 that could be the entry zone for next long position with a Stop loss around 35223.
Stay tuned for more updates and do not forget to follow me.
Thank you
#PEACE
Note
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