It seems somewhat early for BTC to swing up much further; it has yet to come near the bottom support level.
If history repeats itself, and BTC fundamentals remain as bullish as they have been, we should see a re-trace back down to 61.8, at worst.
Once BTC has done so, BTC should go through a period of slightly appreciating consolidation, and will produce another swing to the upside reaching around the $10,600 mark, sometime within July.
Of course, anything can happen however, so this should not be taken as financial advice.
If history repeats itself, and BTC fundamentals remain as bullish as they have been, we should see a re-trace back down to 61.8, at worst.
Once BTC has done so, BTC should go through a period of slightly appreciating consolidation, and will produce another swing to the upside reaching around the $10,600 mark, sometime within July.
Of course, anything can happen however, so this should not be taken as financial advice.
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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.