Outlook and what to look for confirmed bull market.
I mentioned previously that the break above monthly FVG would be the ultimate confirmation for me that we are going to ATH.
In addition you can see the parallel channel being formed... these are corrective patterns... however in the next week or two BTC shows some strength and starts breaking out of the parallel channel it means that we are forming a parabolic uptrend and it will be another confirmation for bull market.
For both of these ~102k seems to be the price to beat.
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$BTC
Outlook and what to look for confirmed bull market.
I mentioned previously that the break above monthly FVG would be the ultimate confirmation for me that we are going to ATH.
In addition you can see the parallel channel being formed... these are corrective patterns... however in the next week or two BTC shows some strength and starts breaking out of the parallel channel it means that we are forming a parabolic uptrend and it will be another confirmation for bull market.
For both of these ~102k seems to be the price to beat.