#BTC has started an uptrend since 16oct2023 (30 weeks ago) and then reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024 . when Israel bombed Iran's consulate , tensions escalated and risky assets like BTC dropped , on the other hand safe assets like gold rose . after that , BTC retraced and found support the 38.2 Fibo level ( while tensions eased ) and now on weeky timeframe we see a pin bar and a strong bullish candle which is a sign that BTC continues uptrend ; but we should wait until Monday and see if last weekly candle would remain strong or not .
if so , we would take profit at 161.8% (Fibo ext) level and 102.300$ or you can exit safely and earlier on 100$ .
if so , we would take profit at 161.8% (Fibo ext) level and 102.300$ or you can exit safely and earlier on 100$ .