Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first...
First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted.
In this case, the breakout of point #7 was fulfilled, and this is the breakout I had been waiting for around July-August (point #3). But before we proceed, I want to clarify that for me, a valid breakout means the candle and wick are completely outside the resistance line! So, indeed, for me, this is a legitimate breakout.
BUT BEFORE THIS HAPPENS, WE HAVE TO SEE A SUPER IMPORTANT MOVE!!!!!
Within the N3 pattern, whenever there is a breakout, it is always followed by a new high, and then the price makes its natural pullback. We will look for the price to touch the new support level, rebound, and aim for a new high.
This is my N3 pattern, which I always look for after confirming a breakout.
So, let’s wait a few days to allow Bitcoin to rise as much as it needs to, make its natural pullback, and then buckle up because we’re about to see a strong bullish run.