$BTC update (daily)

Bull flag still intact, getting bigger and bigger. I still expect it to break out upwards at some point, it's a game of patience and you shouldn't rely too much to narratives like “uptember”.

We are currently roughly between the 0.618 - 0.786 retracement of the last impulse wave and at the same time at the midline of the flag channel. If we are lucky, that will be enough and there will be another upward attempt to finally break out of this flag (green path).

Alternatively, of course, we could also take the pink path and test the lower edge of the flag again - the longer this takes, the higher the probability that we will test the fib 0.618 of the entire cycle at the same time.

it remains exciting!