102K is the next one

11월 14일

Greetings everybody,

So, BTC is taking important targets one by one. 85 all-time AB=CD target already is behind and next one is 102K. NOw price stands between them, but BTC is not at overbought on monthly chart, so potentially it could keep moving higher.

THe major intrigue right now is the retracement. Whether BTC shows response to 85K target and then will turn to 102K or, it will go to 102K directly and after that will start the pullback...

Based on performance we suggest that attempt to reach 102K has more chances now. Thus, we bring you the chart with potential 3-Drive pattern that could finalize this action.

If you would like to wait for deeper retracement and don't rely on 3-Drive, then your option is potential 4H H&S pattern and ~80K support on average to watch for:



Our opinion that 3-Drive has better chances to happen, but we will see... We consider no shorts by far.