BTC on the way to a new ATH and 80k
We have seen a major crash on BTC exactly like expected in the last TA. Target´s below 52k were hit, but what´s next?
Obviously that extreme weakness didn´t last very long and price is back above 60k. The last save buying opportunity with confirmation has been around 57k. We are up a good chunk but I still want to see higher prices like 64500. Imo this will be the next major level where price will head to. I do not expect a bigger correction to the downside. I also do not expect prices below 50k anymore. Market makers have gobbled up the necessary liquidity to bring this ship to a new ATH.
My major target is slightly above 80k.
Locally we are having an active bullish weekly Camarilla setup with the first target at 64500. It is just a local information. I am open minded regarding a smaller correction after hitting 64kish, but nothing crazy. For now the ATH target won´t change for me. If we get a good dip after 64k, I will really just look for relong opportunites. If anything major should change, I will give another update. For now this bullish swing idea is valid.
Obviously that extreme weakness didn´t last very long and price is back above 60k. The last save buying opportunity with confirmation has been around 57k. We are up a good chunk but I still want to see higher prices like 64500. Imo this will be the next major level where price will head to. I do not expect a bigger correction to the downside. I also do not expect prices below 50k anymore. Market makers have gobbled up the necessary liquidity to bring this ship to a new ATH.
My major target is slightly above 80k.
Locally we are having an active bullish weekly Camarilla setup with the first target at 64500. It is just a local information. I am open minded regarding a smaller correction after hitting 64kish, but nothing crazy. For now the ATH target won´t change for me. If we get a good dip after 64k, I will really just look for relong opportunites. If anything major should change, I will give another update. For now this bullish swing idea is valid.
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