I am showing a wedge breakout and a higher high and a higher low now, the price is also staying above the wedge breakout level.
Price is also at $44.1k going into the start of the week and I believe this is in a good position to go higher as expected.
I have no reason to doubt this chart either.
$BTC ETF approval expected on Weds is also the rumour so you would imagine this is going to be a positive catalyst, especially with a bullish set up like this first.
$50k remains the Wave 3 target.
Jeff Yi
2024-01-07 19:37:58 +0000 UTC