Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. I'm leaning towards the NVDA fractal, which you can find here:
The reason why I believe higher prices is likely for the SORT TERM, is due to extremely bullish buying pressure on lower timeframes:
The MACRO is also VERY BULLISH:
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BTC: Watching a potential touch on this zone in the 4H:
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Bitcoin: A heavy resistance zone in the 4h, to consider higher price action (and not lower) we should start closing daily candles ABOVE this zone asap: