Hi guys, last week finished above the previous week's closing, which might suggest bulls are still in control. The chart is still bullish, but we do have to consider the bearish scenario also because we still got rejected at the 41.000 $ - this stopped Bitcoin on the road to a new ATH. Considering Elliot waves ABC scenario we might be at the beginning of wave C on the weekly.
Targets : 26.000$ area, 23.000$
A break of the previous ATH will invalidate this idea.