Right now we are examining BTC as it is trying to breakout of its falling wedge pattern.
If this is to happen then our initial 1.618 target would be $54,650 followed by the flagpole extension that could lead price as high as $61,800!
Of course, we could still see some resistance at $53k which could lead us to a retest of the falling wedge ($51.4-51.8k), but right now we are looking for confirmation.
If this is to happen then our initial 1.618 target would be $54,650 followed by the flagpole extension that could lead price as high as $61,800!
Of course, we could still see some resistance at $53k which could lead us to a retest of the falling wedge ($51.4-51.8k), but right now we are looking for confirmation.