Along the Gann arc (green), a range up to $27,782 opens up, with support at $20,143.
Upon entering the arc, a short correction is expected with support at $21,880.Bei Eintritt in den Bogen ist eine kurze Korrektur zu erwarten mit einer Unterstützung bei 21.880$#
The trend reversal coming up on March 1st will be crucial. Another exaggerated variant follows this course, facing its biggest obstacle between $34,000 - $36,000, potentially echoing the year 2019. The likelihood of such a short-term bull run is extremely low and would become evident with the onset of the next correction.
Looking back at the last analysis from September 2022, a strong limitation at $26,777 is evident around the trend reversal, leading us to this more likely (green) variant.
Thus, the following fan ranges open up for 2023.
