Open your mind and read‼️‼️

I see alot of people expecting a huge drop on $BTC price.

Is it possible? Yes it is. However crypto is about balancing the odds.

And right now, i see that the odds bitcoin pushing higher is abit more.

In the first photo you can see BTC momentum is coiling up on the weekly. We had a stochastic RSI cross and according to the developer of this indicator, the cross will be official once both lines reach the 20 level or the blue level. S.rsi cross only happens every 6 months. Almost every time it happens price increase atleast 30%.

On the 2nd chart you can see inverse head and shoulder neckline retest and bullflag trendline retest.

Reverse head and shoulder target is around 75-77k

Bullflag target is 85-88k

S.rsi cross minimum target 30% is around 85k

It will take a big move to invalidate these.

This is a good time to make a low risk high reward trade as you can set a tight stoploss.

Nothing is guaranteed all we can do is read data and try to translate it and build a strategy.

This is not financial advice. Goodluck to everyone. Happy trading!