It finished correcting in the middle of the local uptrend near 0.5 Fibonacci level, after which the lead strengthens to 17296, forming consolidation at the key level.
The price overcomes the resistance density and enters the unloading area at profile size. The price is basically entering the area without resistance and bitcoin It can reach the area of 19,000 very quickly in a quiet environment
The price is going up
The prerequisite for the price to continue rising is consolidation bitcoin Above the level of 17223, in which case the possibility opens to 17592 and it reaches 18000. In the medium term, I will wait until the price approaches the level of 18271 and the Fibonacci level of 1.618.
But the global trend is
When the prices consolidate below the level of 17223, we can see a drop to the Fibonacci level of 0.5 (16711).
Greetings R. Linda!