Bitcoin is at an inflection point...

Bitcoin is currently at a very interesting spot.

We could see bitcoin turn here as we retest some prior support areas that have now likely become resistance, or we could bust through this area on our way to the 1st Target.

The 1st target is a point measured from the lows similar to what we have seen in prior bull markets.

Something like this:

(Source: https://twitter.com/Washigorira/status/1641110534400475137/photo/1)

For my money, I know people love those fib levels, but I think that $35k area looks like a good spot to top out at.

We are still a ways away from there so it's going to take some heavy lifting to get there, but that looks like a spot were pros will lock gains and look to short.