If BTC Holds $34K I Believe We Are Heading Back To $60K Plus

6 May 2022

Bitcoin is testing the support trend line on the monthly if we hold 34K I believe we could be targeting the 3.618 fib extension again for a lower high and relief rally and possibly higher if we get a spot ETF approved. If we do I believe BTC will hit 80K region. If we don't see ETF approved I expect a lower high on the monthly and possible monthly head and shoulders with a target of about 20K on the bear market confirmation and pull back. I am ready for both scenario. Are you?