The volume is declining, showing indecisiveness and awaiting the next significant move. So what will it be? In our outlook we can behold that the trend has not been affected by the dump of the last two weeks. The price action is holding the predicted 44K USD price level (bottom of the rising wedge). In previous BTC bull runs the previous ATH was frequently retested for support. And for now, this seems to have played out. 42K was the previous ATH, so it shows some bullish front running of the orders. Summing up; there is not much reason to believe the bullrun is over. Can we get another low? Yes. But as long the depicted purple and black support lines aren't broken, we shouldn't fear the price action.
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Read more about our target on:
https://www.patreon.com/posts/weekly-prowl-10-48478934?utm_medium=clipboard_copy&utm_source=copy_to_clipboard&utm_campaign=postshare