BTC long

٢١ ديسمبر ٢٠٢١

I anticipate BTC to go to around 52K as it broke and retested the falling wedge after a nice W double bottom pattern. Therefore technical target from the break is around 52k which coincides also with the 1.618 fib level of this small impulsive wave (top around 49367$, bottom around 45421$) and the 200MA. I expect levels at around 52k to then be oversold and we might come down to consolidate some more.