The cylindrical regions on the BTC price chart exhibit similar fractals literally. The price has almost perfectly replicated the left cylindrical region over the past month and a half. If this fractal pattern continues, we can expect a bullish sentiment until the next month.
Of course, it's crucial to proceed step by step and the next significant decision zone, in my opinion, will be the $67,500 - $68,000 range. This price zone marks the upper boundary of the next uptrend channel.
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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.