On the $BTC daily chart, i am observing a very intersting harmonic pattern that is gaining more technical significance every day. Everything points to a developing GARTLEY FORMATION, where point B is already clearly visible, and following the BC bounce, the market is currently heading towards completing the entire structure.
My key decision-makin area is the around $84,450 level, which is where point D of the formation sits. I have identified this zone based on significant reference points, such as the lower shadows from early December and the lows from December 18th. I'm now waiting for this setup to fully complete and I intend to trade it once the price precisely reaches that designated level.
BTC
89,032.21
+0.69%