I believe the current pullback in price is a healthy correction. over the next couple of weeks, I expect the 55k zone to be used as an area of accumulation, then a deviation to sweep the lows before running up to 100k. not the best drawing but you get the analysis
Note
the bottom half of the range should be 53k and a sweep below 53k before the eventual move higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.