The price action has been very volatile for the past many weeks since we put in a new ATH at 
73K, and now it seems like the price has formed a bull pennant, which is a bullish continuation pattern. In the case of a break to the upside, the target is all the way up at $92k! But the resistance zone has proven difficult to break in the past, so breaking above both the bull pennant and the resistance zone would be the ultimate breakout! So therefore, it would be prudent to keep an eye on the resistance zone!
It is worth mentioning that there is still an open CME gap at the $64,000 level. These gaps usually get filled 99% of the time, but it's impossible to predict precisely when this will happen. Therefore, it is recommended to keep an eye on the
64K level.
73K, and now it seems like the price has formed a bull pennant, which is a bullish continuation pattern. In the case of a break to the upside, the target is all the way up at $92k! But the resistance zone has proven difficult to break in the past, so breaking above both the bull pennant and the resistance zone would be the ultimate breakout! So therefore, it would be prudent to keep an eye on the resistance zone! It is worth mentioning that there is still an open CME gap at the $64,000 level. These gaps usually get filled 99% of the time, but it's impossible to predict precisely when this will happen. Therefore, it is recommended to keep an eye on the
64K level.Note
Next week will be exciting!Note
Broke to the upside!! New ATH incoming!Note
It still hasn't broken above the resistance zone! Note
CME Gap at 68kNote
CME Gap at 68k has been filled! Now, Let's see if the price can break above the resistance zoneNote
The resistance zone is the main zone to break! So keep an eye on it! Once it breaks, we are going to see new ATH!
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Disclaimer
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