Bitcoin (BTC) price action overnight breached above the bullish ascending right triangle and has also exceeded $7,000 critical level. The below chart contains last night's markings and overnight price action adhered quite closely to the projection...not too shabby! Recall that the $7,360 is the minimum target of the ascending right triangle. The $8,016 is the minimum price travel for the Head & Shoulders Bottom pattern as had been detailed and explained in last night's update.
The video has much more detail and flows better, but the below chart is a forward discernment of a larger degree Head & Shoulder Bottom pattern, once white wave iii is complete. The minimum price travel for this would be $9,375 or so.
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