If history repeats, you can easily expect targets in the $ 1.5 range.
The Bitcoin price is forming a rising wedge pattern in the 4-hour timeframe. Due to the momentary decrease in price, it is expected to remain in the correction phase. Therefore, by breaking the yellow trend line, a sell transaction can be made. The stop loss and possible targets are shown.
Bitcoin is forming an expanded triangle pattern in the daily timeframe , which is moving to the support area in the range of $ 44,000. Dealing with this area provides a great buying opportunity. Then, with the breaking of the triangle pattern , $ 100,000 will be available.