Based on cycles (vertical lines) and Fibbonnacci levels, we can expect a price of 15.2k by Thu/Fri, followed by a correction to 13k around 1/23 and breakout 2 days after-. BTC has remained within the perfectly symmetrical triangle.
On the weekly chart, a massive Bull Pennant -weekly closing prices- has formed and BTC has tested support levels repeatedly (triple bottom) without piercing them down.
Weekly:
Sentiment will need to back this data. Progressive increase in volume will give us trend reversal confirmation (follow OBV indicator)
On the weekly chart, a massive Bull Pennant -weekly closing prices- has formed and BTC has tested support levels repeatedly (triple bottom) without piercing them down.
Weekly:
Sentiment will need to back this data. Progressive increase in volume will give us trend reversal confirmation (follow OBV indicator)
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