Bertie stalled last week at the 47,647 midpoint resistance of a pattern associated with a rally target at 62,317. It would take a two-bar close above ‘p’ to fully activate the target, or alternatively a decisive stab past it. The pattern has yet to trigger any ‘mechanical’ buy signals of weekly-chart degree, but the powerful impulse leg by itself is capable of producing some reliable winners for us should a buying opportunity at the green line arise.
BRTI – CME Bitcoin Index (Last:46,342)