My observation on how BTC is repeating the same logarithmic pattern right now that we saw over the months of May-August.
Comment:
Market uncertainty appears to be resolving in an upward direction. Expecting to see a run back up to a little under 5k as short squeeze happens. If it follows the pattern then price will hover there for a few days then break out upwards.
Comment:
The market has been a little more gradual this time around. However the pattern appears to be repeating smoothly. Expecting a run up to something like 8k in the next month if it continues.