Will we see $92k after this breaks to the upside?!

5 thg 4

The price action has been very volatile for the past many weeks since we put in a new ATH at 73K, and now it seems like the price has formed a bull pennant, which is a bullish continuation pattern. In the case of a break to the upside, the target is all the way up at 92k! But the resistance zone has proven difficult to break in the past, so breaking above both the bull pennant and the resistance zone would be the ultimate breakout! So therefore, it would be prudent to keep an eye on the resistance zone!
It is worth mentioning that there is still an open CME gap at the $64,000 level. These gaps usually get filled 99% of the time, but it's impossible to predict precisely when this will happen. Therefore, it is recommended to keep an eye on the 64K level.

6 thg 4

Ghi chú

Next week will be exciting!

8 thg 4

Ghi chú

Broke to the upside!! New ATH incoming!

9 thg 4

Ghi chú

It still hasn't broken above the resistance zone!

9 thg 4

Ghi chú

CME Gap at 68k

11 thg 4

Ghi chú

CME Gap at 68k has been filled! Now, Let's see if the price can break above the resistance zone

12 thg 4

Ghi chú

The resistance zone is the main zone to break! So keep an eye on it! Once it breaks, we are going to see new ATH!