I've charted out for us from the last major spike and I have labeled this chart short since were not quite sure where BTC is headed at the moment so trying to keep most my TAs on the short side. The is oversold at the moment, The is spreading apart which usually means topping out. Anyways the targets are as followed and I put the Yellow box for a larger target range so that you can decide when or if to sell when you feel most comfortable.
Target 1: 94,595
Target 2: 110,406
Target 3: 136,000
In the screenshot Lets start with the 2 most recent poles looking at this I see an upward that I have drawn in white at the top of the wicks and to go along with that I have drawn in white the downward on the indicator. This is usually a good indication that we are going to see a retrace. I have marked the retrace between the .5 and the .618 lines on the FIB indicator (in yellow) as most times then not this is where the fear sets in and the buyers buy causing the price to shoot up. With that being said were looking at re-entry around 77670 sats .
Again this is just an opinion based on Indicators in no way is this advice on whether you personally should sell or buy please trade responsibly. Shoot me a like and or a follow if you like this chart so I can continue to do more.
To target 1 we go friends enjoy the ride!
Thanks for the analysis!