Bitcoin / BTCUSD pulled back today and tested the bottom of the Channel Up pattern that has been trading in since the start of February.
The first test was successful and the pattern held, so this maintains the bullish trend.
It may very well extend the rise up until the mid April Halving as based on the 1day RSI fractals, we may be replicating the October - December 2023 Channel Up.
If the RSI symmetry holds, then we are exactly at the middle of the Channel Up.
The bullish waves are very consistent so far, all around +25%.
That may very give us at least $95000 prior to the Halving.
Previous chart:
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The first test was successful and the pattern held, so this maintains the bullish trend.
It may very well extend the rise up until the mid April Halving as based on the 1day RSI fractals, we may be replicating the October - December 2023 Channel Up.
If the RSI symmetry holds, then we are exactly at the middle of the Channel Up.
The bullish waves are very consistent so far, all around +25%.
That may very give us at least $95000 prior to the Halving.
Previous chart:
Follow us, like the idea and leave a comment below!!
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