Commodity Futures Trading Institute

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chart from the desk of BSK..

The chart i am posting has multiple studies applied to it, Some for small, some for mid and some are for long term targets. Currently, BTC is facing strong head winds.Therefore, i am sticking with my old chart posted and in my humble opinion, i should warn you guys against the possible DOUBLE TOP which under the last ATHis Minor wave C of Major wave B. Only Extension of B wave will take prices up and will go for the GANN 45deg (1×1) angle (shown as this BLUE line).
meaning - the BREAKOUT of last all time high is not enough for BTC to stay strong. Its a competition between FEAR & GREED going on guyz! as major technical indicators have reached record overbought areas.
SO STAY ALERT.
Rejection will start Major C wave down,
also Divergence will be a FATAL SLIDE.
On the other hand, 65.5K BREAKOUT IS GOING
TO BE THE ROCKET FOR BTC.
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