Taking a closer look at BTC CME chart in late 2020, after a high of $14,000 Bitcoin Futures corrected and rallied back up (with a gap) to $12,000. After another 21% correction (almost closing the gap) we started to rally to all time high. Looking at the current chart today we have a very similar set up.
From a major correction, and then a rally (Gap up) we have closed the gap. If the timing is exactly the same... (unlikely).., well see another rally to new all time highs.
First target is still $130,000.
From a major correction, and then a rally (Gap up) we have closed the gap. If the timing is exactly the same... (unlikely).., well see another rally to new all time highs.
First target is still $130,000.
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