The BTC rate continues to rise, showing no signs of correction on the 5-minute timeframe. And we will slightly change the scale for the screenshot to show where the price is heading right now, according to our P73 Trend & Target Dynamics:
- $88,893 (additional target from the monthly timeframe),
- $90,041 (additional target from the weekly timeframe).
At night, with the rate around $82,000, we congratulated everyone on the start of the bull run, providing these targets as the baseline for growth in the trend. Who would have thought that the price would cover most of the distance to these targets in less than 24 hours?
There is no doubt that the targets will be reached soon if there is no breakdown at least on the 5-minute timeframe. And it still hasn’t happened.