$BTC The pancake has recently shown an interesting staircase pattern in its upward trend.
Each upward wave is about 10,000 points, and there is a brief pause after each rise. From 7.5 to 8.5, then to 9.5, and recently to 10.5. After each jump, there is usually a period of relative calm horizontal adjustment lasting seven to ten days.
This pattern provides predictable opportunities for taking profits or establishing new positions, and these consolidations can serve as new support levels. If this pattern continues, the next logical target may be 11.5, which is about 11% higher than the current price.
Of course, these are all without technical basis, and the specific market situation needs to be observed.
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