This chart in conjunction with my most recent one shows that a 42k+ BTC could occur sooner than expected. Possibly by the end of the day if the bullish breakout from this pennant occurs and meets its target.
Otherwise, a breakdown to 38k would delay 42k, that's if it's still on the table within the next week (based on previous post).
As a note, it is important to check for a retest of support/resistance when a breakout occurs in case of a fakeout in either direction.
Otherwise, a breakdown to 38k would delay 42k, that's if it's still on the table within the next week (based on previous post).
As a note, it is important to check for a retest of support/resistance when a breakout occurs in case of a fakeout in either direction.
