If we used the Eilliot Wave theory and agreed that Bitcoin has completed the 4th wave (Blue) without it having to ever cross into the territory of wave 1 (Blue). I can safely say we should expect a reversal with a target price of $120k.
However before we can safely ever place best on this, we should use a the H4 time frame as confirmation where Wave 1 & 2 would be Captured this on the 16th June 2022
However before we can safely ever place best on this, we should use a the H4 time frame as confirmation where Wave 1 & 2 would be Captured this on the 16th June 2022