I think in the short-term we are in a Bull Pennant (67% reliability) with an upside target of $34k ish (see green lines). I didn't predict this short-term correction, but the pattern is the pattern.
Note
dang it, I mean Bull Flag, not Pennant
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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.