There are a few different scenarios that I'm watching for the next week. It looks like BTC is accumulating in its current range after taking out the range low on Monday and either confirming a model 1 or 2 soon (which will be invalidated at candle closes below 94,300) the technical price target would be the latest all-time high at 110k. Unfortunately there are 2 supply zones on the way, so it will be interesting to see what happens.
Note
The model is still technically intact, but by zooming out it just does not look good.
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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.