
BTC is showing bullish signs of strength and formed a clean three drives (potentially after drive 3 ends) and the price targets for both potential situations are 83,500 if drive 3 only hits the 1.272 extension of drive 2 and 83,400 if it hits the 1.618. Not much of a movement but still a promising move towards higher prices with major resistance levels at 87,400 98,000 and 126,200. If we clear these levels weāre on the road the 180,000 and possibly beyond. If bears can push us past the low levels for the three drives weāre looking at a breakdown to 80,900.
