Don't overthink it!

١٦ يناير ٢٠٢١

Using the line chart to make it very clear and simple. BTC is in a large pennant formation with the breakout coming early next week. The breakout will take the price to either 60K or 24K. It can go either way -- especially because it's a symmetrical triangle -- but given that we are in a parabolic uptrend we have to see this as a bull-flag pennant and the bias has to be to the upside.