According to the rules and regulations of technical analysis and chart rotation based on the completion of correction and support in the indicator and the peak, the 87k area will not be far from expectation.
Due to the harmonic structure and pattern of the corner triangle, we will see the reason for completion in the above area and ascent to the size of the triangle handle in the long run.
Attached to the previous explanation, one of the very strong areas for chart rotation and with the indicator emphasizing sales saturation, the start of an uptrend will not be unexpected.
Given the uptrend, the $ 53,000 area, the intersection of the Fibonacci time, the extension, the channel, and the first support peak are the very reasons why the chart lands in this area.
