After a monster move up, we are conslodation and putting in a new floor with each day. As you can see BTC has not retraced more than 50% on that monster move. If you believe in the power of Fibonacci extintions or measured moves than the next leg up will be $27,000. The could take weeks or even months. However, the more we stay in the current pattern the more likely this will happen. Unless there is a black swan event. i.e. US bans bitcoin.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.