Since the beginning of the year, Bitcoin is in an up trend contained in a nice rising channel, and after the break of the corrective falling wedge that followed the high of the year, the price rose again and for 3 weeks already is consolidating in this 30k zone.
This consolidation has formed a rectangle pattern which normally is a continuation pattern.
I expect this to be the case now and a new leg up will follow after the break above resistance.
35k is my target for BTC
This consolidation has formed a rectangle pattern which normally is a continuation pattern.
I expect this to be the case now and a new leg up will follow after the break above resistance.
35k is my target for BTC
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