Really party for BTC bulls. +35% in 1 week. Looking at Daily Chart it seems like the test of All-Time-High is inevitable. One of 3 options will most likely reverse the trend at the All-Time-High with a minor False Breakout and deeper correction into $47700 High Value Node for further consolidation. Hard to say if we breakout on the 1st test and start heading straight to $100k, but the range seems not quite ready yet.
There is a Volume Profile on the left side of the chart that looks like B. Ideally the range is ready with D-Shape, which means we need more consolidation in the middle of the range.
There is a Volume Profile on the left side of the chart that looks like B. Ideally the range is ready with D-Shape, which means we need more consolidation in the middle of the range.