$BTC - it's happening - 73.5K on the horizon!
We had bullish accumulation of 30 days since the previous ATH of 62K
Ascending triangle on the 1D, so equal highs and rising lows
Within we have had 2 bull flags, one major and one smaller on the break of the major one
Using a fib across the major range we get targets at 1.272 - 65K, 1.618 - 69K, 2.0 - 73.5K
On a backtest of previous ATH, at 61950 I will be watching the interaction
If strong I will add to my already open position
If weak will add on a reclaim of that level
If not will add at the deviation level of 60400 or the micro highs at 59560
For me invalidation is still weekly open 29th March, we can move this up as and when BTC prints a HL/backtests successfully one of our key levels!
Sadly some altcoins have had a bit of drawdown, but when BTC hits the later targets and stronger resistance it will start to range, at these points alts will have little rallies
The large cap coins are growing with BTC like usual - ETH, LTC, XRP...
Ascending triangle on the 1D, so equal highs and rising lows
Within we have had 2 bull flags, one major and one smaller on the break of the major one
Using a fib across the major range we get targets at 1.272 - 65K, 1.618 - 69K, 2.0 - 73.5K
On a backtest of previous ATH, at 61950 I will be watching the interaction
If strong I will add to my already open position
If weak will add on a reclaim of that level
If not will add at the deviation level of 60400 or the micro highs at 59560
For me invalidation is still weekly open 29th March, we can move this up as and when BTC prints a HL/backtests successfully one of our key levels!
Sadly some altcoins have had a bit of drawdown, but when BTC hits the later targets and stronger resistance it will start to range, at these points alts will have little rallies
The large cap coins are growing with BTC like usual - ETH, LTC, XRP...