If price breaks the yellow line, we could expect a drop lower to the 2nd line down around 10 cents. If price holds we would rise toward the white medan line. Since the yellow line hold that steady for a long time, I put my bet on next target 0.45 and next 70, and last 0.95
Price ran up and made a beautiful retracement down to the 61%(body) 50%(wick) level. As a rule of thumb (read higher probability! not certainty) If price retraces to 50.0% or 61.8% more often than not, price will go to 161.8%. In this chart that would give us a projection of price up to $291 per Bitcoin
