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Does 74000 arrive on schedule? I'm asking if this post is accurate and if the predictions are consistent?
On March 14th, just two days ago, right when it just broke through 73800, I posted to tell everyone that BTC formed a parallel top, and within the next week it would break through 74000. As a result, in less than two days, BTC broke through 74000, perfectly reaching my take-profit price of 74000. It's completely consistent with what I predicted. I said long ago that BTC's parallel top is the same as the 94600 parallel top at 98000 and the 70000 parallel top at 74000. So did it break through 74000 or not? Just asking if that's impressive or not? The only thing I didn't account for was that it didn't retest the 68500 support level, but instead went straight up from 70000. That's something I didn't predict.
What happens next? First, I think just breaking through 74000 shouldn't be the end point. Both the 70000 parallel top and the 94600 parallel top broke through by around $4000 more from their original levels. If we calculate accordingly, 74000 plus $4000 would be 78000. And 78000 is a major resistance level, a place where the trendline is suppressing, and also the highest point of natural rebound after the big drop from 98000. If BTC really wants to go higher, then 78000 is a position extremely worth paying attention to.