$BTC (Bitcoin) on the weekly chart:
Current Price: $73,176
My Personal View on Bitcoin’s Future Path:
After breaking through the weekly resistance at $65,519, Bitcoin experienced a rapid ascent, surpassing $73,000.I believe it will correct towards the red rectangle between $65,519 and $61,000.A breach below the lower boundary of the red rectangle would signal a temporary exit, but only from a portion of the portfolio.
The positive pattern formed by Bitcoin suggests a target of $113,000, but there may be obstacles along the way.
Remember, my view is subject to both correctness and false.
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