As price action is happening, we can see BTC is still on an uptrend. It might take a while to hit 10k or 14K. As you can see my chart you can see that my fib circle shows the potential to go to 14k and back to 10K-12K margin.
As you can see how the trend is supporting the Ascending Triangle. Whenever this happens the trend supports the bull cycle.
After the recent dump from 9.7k to 9.3k, it still made an higher low. This shows that BTC will hit the 0.618 Fib retracement which is at 10.5k before making a fall towards 9.1k. After which it can go towards the 13k target by this year end. We are looking at the retrace of 1.618 which crosses 21K by June/July 2021. Bitcoin is known for its vigorous price actions,...
You can see how we got two conformation of the head and shoulder pattern. This means we are going down before we make a new all time high. Last year in December, BTC was on the bull run, this time I guess it'll need some more time to capitalization and start the next bull run.
GBPUSD has given an bullish signal. It's trying to test the resistance at 0.786. Once it breaks the 0.786, its moons to 0.618 fib retrace.