Looking at the 4-hour time frame of Bitcoin we see that it has been consistently creating higher lows since finding bottom on July 21st.
Over the course of this month, BTC has knocked through every resistance level & the uptrend, and is now heading towards $51,689 and above.
Bitcoin has already painted the bottom wick on the weekly candlestick, it has the potential to spike upwards towards the local high levels created back in April - May.
If this upwards pattern continues we’re looking at hitting these upcoming TP’s
TP1 🎯 $51,689
TP2 🎯 $54,028
TP3 🎯 $55,218
TP4 🎯 $57,795
TP3&4 are placed at the local high and anything after that point is pure price discovery.
Over the course of this month, BTC has knocked through every resistance level & the uptrend, and is now heading towards $51,689 and above.
Bitcoin has already painted the bottom wick on the weekly candlestick, it has the potential to spike upwards towards the local high levels created back in April - May.
If this upwards pattern continues we’re looking at hitting these upcoming TP’s
TP1 🎯 $51,689
TP2 🎯 $54,028
TP3 🎯 $55,218
TP4 🎯 $57,795
TP3&4 are placed at the local high and anything after that point is pure price discovery.
