Are we saying goodbye to low 60s? I think so!
That's why I come to share the long-term BTC "Goodbye low 60s for this cycle".
What now, the shorter term will make few swings between 69, 67 and 66.5 to 64.4 that are shared on weekly basis.
Macro is positive and moving up, so the time it take is the market to price in.
Above 68-69, we can see the 3Monthly trend (purple) that comes from march highs will be FINALLY below ! Next to it, we see a small green line for that measures the size of the accumulation. Now the expected target for it is ....
102k! Well, for me, we should hit 85k before moving down and testing the 100k target.
UPDATE Middle term trends, before 100k test.
To deny this reading we need to close below 64.4-65k on the weekly candle. Then we have the 62.5 as support. below only 58.2k And the 57.4-58.2k range as a Target. I'm NOT Bearish at all, just bringing up the Small possibility.
Here the New Chart for middle term Show Less
