The momentum from November 21-December 14, 2022 at 29,000 was fully won back (+87%).
Now the clownery is high closingthe American half of the year - fix profits on the lock-ups and not drop the market.
If the fractal is similar, then we should touch the 21K area with a correction.
But:
1. as a rule, in an uptrend the lows are cut off;
2. Bitcoin year January 12 = 18850, therefore we can draw “50% of the rise” at 24100;
3. what is drawn is not enough to break the upward trend and break through 20500;
4. The halving is both close and far.About a year. For this year, you need to indicate the height of growth after the halving + have time to return from there and compact the plateau, I think in the range of 32-36K, where the halving will occur.
I expect a correction-swing (in descending and descending probability) 24800; 23400-22800; unlikely, but possible before 20900.
Next there will be a complex rise until October-November 2024. 24th, Karl!
And the ox will be more than the shown 87%. A speculator's dream and curse! )))).
Like everyone else, I can be wrong.
Take this into account in your plans.
Happy trading and good luck!
Sincerely, Vuka