$BTC 4-Hour Triangle Nearing Apex

3 Kas 2021

Good day friends, I hope your all having a Wonderful Wednesday. I am in Miami for a conference through tomorrow, but wanted to publish a quick 4-hour chart since we have had some price volatility between 60K & 63K. For the very short term the PA will be nearing the apex of our triangle. Based on the HTF charts, the path of least resistance is UP. Add to that the oscillators also tend to be agreement with that move happening rather soon. As a level, I still want to see a daily close OVER 63.8K and ideally a weekly close over 67K to get us out of this "Chop zone". It still remains my steadfast opinion that we have merely been in a sub 4th correction within the confines of a larger 5 wave structure. Minimum Targets continue to be 73K-78K.