BTC Bull move Needs Daily Close Above 62.5k
Needs daily close above 62.5K then first fib extension target is 82K area. BTC has completed bear correction on daily renko thus BTC will likely not go under 55K until it makes a new ATH. BTC though likely stays in this regression channel for a few years to complete this wave 3 up. I believe that this next leg goes at least to 82k next fib extension to complete smaller wave 1 on the medium wave 3 up on the larger wave 1 up.
Note
Forgot to mention at this very moment majority of chat are still hard core bears and thinking it could go to max 60k but then BTC drops to 42K even some calling for 32K. As my chart shows BTC likely wont get under 50K until it goes over 82K and even then likely going to over 159K before it will be sub 50k again if it ever gets that low again. Of course after BTC gets over 82K anything is possible. lol just realized should have placed this here vs comment. lolNote
BTC dropped enough we only need to close daily above 60K now to confirm the next bull move. But looks like we will need to close the 2 week and and possibly the monthly under 55k first.
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