BTC (Y20-P4.E13).Macro.Bullish

٢٠ أكتوبر ٢٠٢٠Hi All,

I'm keeping this short as its a continuation of the previous BTC posts. Links provided below.
I made a post yesterday on the SP500, which also has some relevant information on the general market and so far they are also bullish. Note USD DXY dropping today\yesterday.


My THOUGHTS:
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> My 1st harmonic target was hit some time back and like my previous post indicated, we have compounded harmonics which is a bullish boost.
> ALTs being dumped for BTC hence BTC dominance going up. Refer to link below
> Looking at the indicators along with the structure of the daily candle sticks, etc, there is still more upward pressure, which makes me look at 2 more targets.
> I see 11950 to 12050 as the main temporary resistance, if there is one.

I also have these structures as significance, bullish setup



note newly CME gap closed



Please give me a like or tick for this post.


Regards,
S.SAri

3 Day chart, indicators are still upward pressure


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This level equates to the alternate BAT pattern target.

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This might help knowing when we reach the target, BTC dominance

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I'm thinking 12940 next target. Major resistance is the 0.618 fib level