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Bitcoin finally rallied back to hit 10k after an extended period of sideways - Btc Dominance chart went lower than most expected but at least the turnaround has started on the Bitcoin tether chart above . What's BTC target ? Well .. I'm just thinking here that there is a CME futures gap up near 118xx and the blue star on my chart as well as the top of that pink and blue regression band is near 118xx . These gaps usually fill . So it will be great to see Bitcoin close above this upper trendline now ! Is Bitcoin actually making a new upper trendline soon ? I've suspected this would happen - and it makes sense . A new upper trendline will extend further in time until completion thereby making true the 'Lenghthening Cycle' theory of Btc that comes from Benjamin Cowen YouTube channel and which I believe is probably the case . You agree ? Let me know !
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We got to that blue star ! Bitcoin hit 118xx and it seems that CME futures gap filled , we also hit a TDSeq9 in green - although it could wick up a bit- normally we would see some retrace soon.
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@jubilantBus27468, I'm not sure if it's wisdom Sir ! But there is a CME futures gap above us at 118xx - my guess is we will fill it
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@jubilantBus27468, we didn't get to 118xx yet but surely after some retest it will be going there . Thank you for comment
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