The boxes define different market range. The white boxes depict bullish ranges and the ash boxes depict bearish ranges! We can see that after the formation of every bearish range comes the formation of a bullish that takes out the highest high (ATH) price action has formed in each range.
I strongly believe we're in a bullish range and rallying to take out the high on $69,198. So my prediction for this year, is that BTC will hit $70,000.
Disclaimer: This is just my view of price action. This isn’t a financial advice!
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