BTC continues to range and could meander around the previous recent price levels for quite a while. Some very intelligent quant traders I follow say this could be upwards of 50-60 more days like this. The red downward trend line needs to be broken with supportive structure for me to think this is an upside move short-term. This type of contraction is bullish however, but more flushes closer to 60k are possible. My super bear targets are still marked but I would be very surprised to see under 60k for long. I favor a test at all-time highs within the month personally.
-80+ k by mid June
-125k by end of year
-The longer this takes the higher the top will be
-If we rally to quickly this cycle might end this year
-80+ k by mid June
-125k by end of year
-The longer this takes the higher the top will be
-If we rally to quickly this cycle might end this year