What so ever we call this move either correction or reversal its all prove what BTC is all about, even if the move serve as BULL trap its still a great relief.
Back to the market, we had complete cycle from the move of price since 3170$ zone till 3870$ level that is completed 23% upside move with averagely 800$ profit.
This move seems to situated in a with every bounce occur at the downtrend line.
We notice a typical forming all the way up.
I believe there are still more room up with target at 4400-4500$ and even more depending on the people mindset and whales master plan.
We has strong at 3870 and 3545 level.
The post will be given timely update as market develop.
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First target in the downside is 3695$ then 3572$