LIVELike every week, I'm giving you a long-term recap in the weekly with Ichimoku.
Last week, I showed you the different retracement possibilities and for now, it's ultra precise.
The retracement scenario on the Tenkan is currently just perfect because, as always, we're attracted like a magnet. The beautiful double rebound with the two nice wicks could herald a resumption of the trend and thus a validation of plan A in orange. It's a healthy correction before heading back towards new highs!
However, there's still the possibility of reaching for the Kijun to make a much deeper retracement towards $52,000. Personally, I don't believe it, but anything is possible.
But to embellish a potential drop towards $52,000, it wouldn't change the bullish dynamic initiated since early January 2023.
What do you think about it?
Just a little support, guys.
