#Bitcoin reached sure target zone for this bounce ✅ You are welcome 🤝 If my forecast helped you to make the right decision, push like or leave a comment 👍
As I wrote yesterday, here we are in the middle of potential consolidation channel (bull pennant on week timeframe with possible range 61-72k). Within that pattern range we may expect $BTC to grow higher to the top of that channel. Afterall Day chart formed bullish engulfing.
Now #BTC price is at volume POC and same channel potential middle. Flip above that level and top of the channel becomes a guaranteed target. Besides S&P500 and DJI renewed there ATH, so global market is bullish. Keep that in mind.
Nearest levels to watch PA:
🔸69552 - Friday close
🔸68448 - week close
🔸66400 - Nov'21 dump week high
🔸64300 - February high
🔸61203 - Feb'24 close
Trend: 4H ▶️ D ▶️ W 🔼 M 🔼
🤑 F&G: 78 < 74 < 79 < 77 < 79