I have no idea how the Macro conditions would allow for a fake rally back to $26,200 but the chart says it could happen. If you take the measured move of the bull flag pole and extrapolate the break out, I get $26.2k as a target and its also really good resistance. I think eventually a $10k has to happen to be a true correction.
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Still looking like $26k before down.Related publications
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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.