Btcusd techinical analysis.

This chart displays a 1-hour candlestick analysis for Bitcoin (BTC/USD) on OKX, with a focus on harmonic pattern recognition and technical price projections.

Here's a breakdown of what the chart suggests:

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🔷 Harmonic Pattern: Potential Bullish Bat or Gartley

The marked XABCD structure appears to form a harmonic pattern, likely a Bullish Gartley or Bat:

XA: Initial impulse leg.

AB: Retraces ~61.8–78.6% of XA.

BC: Retraces ~38.2–88.6% of AB.

CD: Extends to complete the pattern near the D point.

✅ Ratios like:

AB ≈ 0.618–0.786 of XA

BC ≈ 0.618–0.886 of AB

CD ≈ 1.272–1.618 of BC support this classification.

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📈 **Ascending Triangle

Rickypher

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