Do you think bulls will be able to smash that resistance at $13k or not? I think many traders will close their longs there and it will be time for a healthy correction to $9600 support. From there, the parabolic rally can begin like piotrrataj suggested on
TradingView. I would add that piotrrataj's cyan rising wedge is too narrow and bitcoin will hit $13-14k sooner than he predicted.
Also if we look at similarity with last halving, this price prediction makes sense because in 2016 there was local high before halving ($780) and then correction to $563 (minus 28%). Let's say local high this time will be $13900 minus 28% gives us $10008 which is pretty spot on if you look at the chart bellow.
There's gonna be huge gap on the Bitcoin CME Futures chart (4H) when trading opens in 5 hours (23:00 UTC)
Gaps tend to get filled *almost* every time. Plus 50-day MA and 200-day MA Golden Cross on Monday or Tuesday is telling me this correction will not last long.

There's gonna be huge gap on the Bitcoin CME Futures chart (4H) when trading opens in 5 hours (23:00 UTC)
Gaps tend to get filled *almost* every time. Plus 50-day MA and 200-day MA Golden Cross on Monday or Tuesday is telling me this correction will not last long.

So far so good. Calling $10460 CME Futures on Thursday/Friday.
