Analyzing weekly TF, BTC has created an accurate parallel channel. Previous week a bullish hammer candlestick formed and is now following by a strong green candle that is gonna be closed in 2 days. Interesting point is that after highest closed on 14th April 2021, it took 7 months for a higher high that got closed on 11th Nov 2021 at 69k. and it is the exact duration from BTC crash on June 2021 to 33k crash on 24th Jan 2022. If we assume it's not a coincidence, and "7" is a heavenly number for #Bitcoin, we can expect a higher high on END OF MAY till FIRST WEEK OF JUNE in 2022 at $73000.
It's just a theory and should not be considered as financial advice. See you at next higher high ;)
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