Look for a moment at the BTC prediction in May 2021, which forms 2 mountains, from mountain 1 to a higher mountain, mountain 1 gets a 0.6 Fibonacci correction, then bounces back to a higher level than the previous mountain.
Try checking the 1 week TF, before BTC touches 43k, BTC will not fly further than 70k, it is certain that it is still below LVL 70k.
This is analysis, you can analyze it yourself,
Why is BTC going up?
currently BTC is only pumped from ETF, how much inflow is there from ETF?
Maybe now BTC has maxed out from an increase of 53k to 68k, there has been a lot of inflow.
Maybe if there is no inflow from ETF, it is likely that BTC will correct further to 43k first.
And what's next?
Yes, there is no continuous inflow, but after this an outflow may occur.
Bonus
Look at the shadow that penetrates lvl 0.3 Fibonacci, every shadow that penetrates lvl 0.3 Fibonacci, the price will rise first, and then the price will fall deeper than this lvl, take a look at the 2021 mountain.
And maybe it's not in the near future for a decline, but I think it will happen.
