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🟠The weekend is passing calmly for Bitcoin, it is trading within the range of 62K and continues to consolidate above 60K. The recent movements resemble the formation of a "bullish pennant," but it is still too short. I'll reiterate, it's too early to evaluate the formed patterns; we need to wait for the week's opening.
❗️For now, I'm just assessing the current situation: if the pattern is indeed confirmed, we will see another upward impulsive movement to the height of the flagpole. At least up to 67K, and ideally up to 72K, surpassing the ATH.
⚠️However, the most important growth factor at the moment is the huge volumes of BTC-ETF — the daily trading volume from BlackRock alone is over $3 billion. If such activity continues, we will continue to grow.
Bitcoin dominance: 53.66%; Fear and Greed Index: 83 (extreme greed); Altcoin Season Index: 71; Market capitalization: $2.26 trillion.