Post-ETF hype, I can see a head and shoulders pattern forming on BTC. Targeting support levels in the mid-30K range. This will also get us a clean retest of the weekly LSMA (see my other idea on the weekly time frame).
Long term I am extremely bullish on BTC and can see us reaching new ATH before the end of 2024. Will be buying if we correct into 30K range.
Comment
⋅
Rebound will be fuelled by BTC halving hype. ETH and alts will rebound quickly, and may not even drop as much as BTC.