Bitcoin - Breakout to 36k

Bitcoin is currently going parabolic. My next price target is 36k. It could go further, but I think 36k will be the top.

Parabolic moves are typically followed by an 80 percent correction (roughly). If Bitcoin pulls back 80 percent from bottom (10k) to top (36k), that would mean Bitcoin corrects to 15k. This is a rough estimate. It may not correct that far.

Thanks

Trade attivo:

Forming a bull pennant on hourly chart

Trade attivo:

ETH is also on a tear rn

Trade attivo:

The parabola is your friend, until it ends

Trade chiuso: stop raggiunto:

Closed half at 29,000