Because of the ping on 0.5 on the retracement and the double ping on 0.5 extension, I feel somewhat confident that BTC is heading strongly to test previous ATH and hopefully stick its neck into a new area, 64k? Also confident it will do so this weekend, or by middle of next week.
Trade closed: target reached
Here we are. Arrived at our destination. At this point, I am a bit cautious. Although I do believe BTC is heading towards 64k, I will sit on the sidelines for the next few hours.
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Disclaimer
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.