Let's see the price in up coming weeks, this could be the change of character. Something is cooking. TBH i kinda skeptic that we would see bull before we meet Q2 2024(BTC Halving). But you know, you still want keep an eye.
Did not update the chart since months ago, only added fibbonaci and some potential target at weekly TF. Let's go.
After all the news and dramas, btc is still holding its price at 0.5 fib level(34.4k~). There is past accumulation zone around that area and we can see the MAs are also catching up. If we can hold this level, i expect a bounce in following weeks. In...
I think the chart is clear. A triangle pattern breakout. We may touch the upper resistance at 9.600 or even maybe 10.000 since the potential target from triangle breakout is the height of the triangle itself.
Please kindly leave a feedback, thank you.
The daily and 4H timeframe show rejection around 50 & 61.8 level. Also that the rejection at 61.8 at 4H chart formed Morning Star candle. I assuming that the price will continue its 3rd wave to long. But need to be watched, that there is also strong resistance around 1.11700. Better to see next week. Don't fight the market.
