The next leg up has started?
If this bounce breaks the previous highs we are heading to $150k
We are at an interesting spot on the chart.
Some would say it looks like we are rolling over, while others might zoom out a bit and say that we are simply pulling back before the next leg higher.
And that leg could be starting now.
(Source: https://x.com/rovercrc/status/1874551670262415431/photo/1)
I am not sure which one it will end up being but for now I am sure hoping it is the one posted on that chart above.
If it is, we are likely to see roughly $150k as the measured move target.