Bitcoin

107K is next upside target, looking at 98-98.5K for entry

175
Morning folks,

So, BTC stands in upside channel, and we have no big patterns by far. Meantime, on 4H chart as potential ones, we could suggest the butterfly, right?

snapshot

While on 1H chart we have DRPO "Sell" (in red circle) and a kind of H&S shape. It is just a shape, but who said that market can't keep it harmony?

Thus, 98-98.5 seems interesting level, if you would like to go long. For short position we see nothing interesting on higher time frames, thus, only DRPO "Sell" here and with minimal target around 98.5K

Aviso legal

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