They hit the next target level above, which was the area of 11,600, a major Gann square and 11,700 this is 78.6% of the move back to the June 2019 high.This is the long term swing point, a break from here should take them 38.2% of the move up at 9000, if all they can break is 23.6% at 10,100 the market remains very strong. With a couple close in a row above 11,700 the next long term target will be 78.6% back to the all-time high, this is 16,300. You will also have to watch it when it hits 61.8% back at 13,500, they already had a massive break from this, but you still have to watch it again regardless.

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Bitcoin secondary Gann square support and resistance

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