We broke out of the channel to the upside after bouncing off the mid of the channel twice (shown in my last idea), and reached our first target which was 61k
Now, BTC is breaking big resistance levels without any problem, like the monthly level at 58.8k (which it broke then retested as support), and is now breaking out of this pitchfork.
If we can hold above this pitchfork, the ATH should be taken pretty soon which isn't really surprising at all (told you about my bullish bias in my idea "BTC general view" when I talked about Elliott waves)
If we break back into the pitchfork and lose the monthly level, expect a bigger pullback.
Any questions?
Good luck traders
Remember not to break your rules
Habib
Now, BTC is breaking big resistance levels without any problem, like the monthly level at 58.8k (which it broke then retested as support), and is now breaking out of this pitchfork.
If we can hold above this pitchfork, the ATH should be taken pretty soon which isn't really surprising at all (told you about my bullish bias in my idea "BTC general view" when I talked about Elliott waves)
If we break back into the pitchfork and lose the monthly level, expect a bigger pullback.
Any questions?
Good luck traders
Remember not to break your rules
Habib
