#BTC100KToday?
The current $BTC chart closely resembles the macro accumulation breakout and rally we experienced in Q4 2023.
The attached images highlight this fractal pattern.
It seems we're in a phase of vertical accumulation, though we should anticipate some potential liquidation shakeouts along the way. From a price action (PA) perspective, things are looking promising for now.
One factor to keep in mind is the unfilled CME gap at $77,000. Beyond that—and the ever-present geopolitical risks like WW3—there aren't many major headwinds in sight.
This period feels like a "goldilocks zone" until January.
Let’s send in the frogs, dogs, and cats 📈!