This is just a fun chart... it will turn accurate as i followed the EW principles to draw it, however I won't spend too much time explaining to you all the dynamics behind. I expect btc
to form an i HnS on the daily with a breakout later at the end of July. We are now going to touch 38500 maybe 40k with a nice push but we will then come back down at least to 32 k, so do not be surprise. the move to 38500 will start at some point Monday with a nice push. We are going to retrace to 33500 short term to retest the HnS resistance on the hourly. We have 2 days before to see some serious move. Also we are forming an ascending wedge
which we will break around the end of next week which will project us back to 32k Just to shake out the last few weak hands to then start the next leg up. Targets will be around 90 k then 180 k as the last target before starting a long bear market 1- 2 year at least.
GET READY FOR A NICE SUMMER.