Analysis and thinking about Bitcoin!
Surprisingly, BTC did not reach the 102k target directly. Despite a lot of panic headlines in the media about a 8+% drop - nothing terrible happened. Very small contraction and within a week
Somehow, the 102k target will be reached, no doubt, but it is impossible at the moment to say for sure how this might happen. Also, there are many patterns that we can suggest. Here, on the chart we already have three of them in the daily schedule and there may be two more
To keep it simple, the concern is about how the trading might rise - either now or after a deeper pullback.
Since today is a holiday, and the weekend is coming soon, we think it is better not to rush and postpone everything until Monday. There may be some clarity.
