tkarolak

Anticipating a Surge: Is the Post-Correction Rally Set to Begin?

Long
INDEX:BTCUSD   Bitcoin
As I delve into the intricacies of Bitcoin's market patterns, I'm reminded of the 2020 fractal that emerged after reaching a previous all-time high. Observing similar movements, I sense a bullish run may be upon us, potentially targeting around $82,000. My analysis suggests a brief consolidation near the $70K mark (POC from consolidation), followed by a notable lift past $72K (short liquidation), catapulting us towards an 82K level.

Could this be the dawn of another exhilarating bull run? Only time will tell, but the charts whisper promises of an upward trajectory.

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