BTC has had a respectable $13K range since our last report. The market made a new all-time high, but was unable to maintain the momentum and crashed in a violent weekend session. We wrote in our previous commentary, “Ideally, we are still targeting the $68,000–70,000 level on this move. Given that the stochastics is getting in the overbought territory, it would be a reasonable level to take profit or short the market, depending on your positioning.” The market disappointed us by not testing the top of the rising channel, instead reversing earlier than we expected.

Hopefully, our readers were nimbler…

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