Neutralish

BTCUSD - ATH Breakout Imminent?

Panjang
BYBIT:BTCUSD   None
We recently broke out of several patterns on the short and longer time frames, which is one of many bullish indicators. The volume traded at around ~59k was the last piece of significant resistance for me, and we successfully broke out and are now confirming the breakout. We still have to end this week and remain above ~60k by Sunday (10/24). If we don't reach the ATH by then, but close above ~60k, then it's very likely we will reach ATH. But the more bias scenario is that we will probably retest the ATH this week, and either reject and form a W pattern, or just blow off right past ATH.

Thoughts?

Penafian

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