One Last Shot - BTC Update (45M) - (1W)

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One Last Shot - BTC Update (45M) - (1W)Bitcoin / TetherUSBINANCE:BTCUSDTvs_sayinIt seems like there is still room for Bitcoin to go up just a little bit longer until the final bullet is spent. Despite an extremely complex structure and bearish divergences across the oscillators, Bitcoin is showing signals for one more push. After the larger triangle breakout, Bitcoin created a standard impulsive inner structure: a five-wave upward move. The inner triangle, which is only visible on the 1H or lower timeframes, has broken out and is forming an expanding diagonal (which is extremely rare). This diagonal's target can only be measured with a Fib channel. If everything goes according to plan, the minimum target will be around 87,700. If Bitcoin pushes even further, the next targets are 88K, 90K, and 93K. Caution: 93K is a major red flag. Both the weekly Ichimoku and a weekly supply zone merge in this exact area (see the chart below): Bitcoin is also finalizing its first weekly wave, which means a large ABC correction is on the horizon. It's time to take profit on existing positions. Thanks for reading.