Just sharing for discussion and may continue updating TA if pattern is confirmed :)
Must close day well above 27,7k
Looking well inside the rising channel.
The Bullish Unique Three River Bottom pattern is looking very authentic!
Lets keep track now on the rising channel!
BTC made it to the top of the middle of the first rising channel.
We have great resistance at 34k euros (or 42k usd).
We may create a double top and then retract.
Or just pass throu the last ATH and attempt a new one! I think this will be the case but we must be always alert.
If we break the bottom of the rising channels, expect big retraction.
If we cross over the red 34k€/42k$ euros main resistance line expect a move to 41,3€/50k$.
A new stimulus package by the white house is going to be announced soon. Every time they decide to print more money, we win. Maybe not in the short term but in the mid-long term we win due to the inflation rate situation of the world economy.
Hopefully it will hold.