BTC showed an update of yesterday's high and a new upward impulse. The warning about the price returning to the uptrend on the 15-minute timeframe was indeed not in vain.
So far, it has already worked through part of the additional targets according to the indicator. With targets above the current high of $97,895, everything is quite dense up to $99,000.
The price has gone below the local trend line from yesterday's maximum, but it remains above the Potential reak level of $96,596 - today's growth should not be considered complete.
Yesterday, we provided important horizontal levels: $96,499, $97,176, $98,079. As seen from the screenshot, the price struggled below $97,176 for three 4-hour candles and then pumped almost to $98,079. The level of $98,079 is now key for continuing the growth, because beyond it, the nearest significant horizontal level is actually $100,335.
Everyone (including us) has been waiting for a correction for a week - and it still hasn't happened. All local attempts are quickly suppressed, regardless of news triggers. Our yesterday's forecast about a possible start of the correction in the second half of Friday - to put it mildly, did not work out.
Because, see the post from April 22: 'From this week, BTC will grow without triggers more often than it will fall without triggers. And signals for growth will work out more often than signals for correction.' You wrote it yourself, but have not yet restructured. It's time to repeat it like a mantra.
Alerts for a change to a downtrend have been set on the 30-minute timeframe. There will still be no significant correction before this.
The targets for a possible correction of $87,000 - $88,000 are still considered an excellent opportunity for buying, and not a reason to go short with targets below.
We are still eagerly waiting for a signal for a sustainable uptrend on the 3-day timeframe, because from the experience of the past two signals, this should be the 'launch of the rocket.'
