Bitcoin

Too many patterns to suggest

189
Morning folks,

Surprisingly, but BTC has not come to 102K target directly. Despite a lot of panic headlines in media about 8+% drop - nothing awful has happened. Very small retracement and inside week.

In some way 102K target will be reached, no doubts. But right now it is impossible to say in what particular way this will happen. As there are too many patterns that we could suggest. Here, on the chart we already have three of them. On daily chart it might be another two.

Keeping it simple, the concern is about how BTC will go higher - either right now or after deeper retracement.

Since today a Holiday and we will have a weekend soon, we think it would be better do not hurry up and postpone everything until Monday. There might be some clarity.

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