Still looking for the CME gap at 35K to get tapped. Need to hold above 26.6K and breakthrough 29.3K to see continuation towards 35K area.
That could end up being the high for 2023 but if the global macro economics shift more bullish, then we can look for higher prices. 40-43K should be hard to breakthrough. The ultimate bullish target is 47K.
Eventually we will fill the 20K CME gap as well. there is still the 9.8K cme gap as well. I dont see it getting filled in the near future but im aware that its still a possibility if things get really bearish.
That could end up being the high for 2023 but if the global macro economics shift more bullish, then we can look for higher prices. 40-43K should be hard to breakthrough. The ultimate bullish target is 47K.
Eventually we will fill the 20K CME gap as well. there is still the 9.8K cme gap as well. I dont see it getting filled in the near future but im aware that its still a possibility if things get really bearish.