Technical analysis by BlueHatInvestor about Symbol BTC on 11/26/2023

BTCUSD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.Bitcoin BTCUSD Write-up (29th Nov) BTC - what a beast. Price action continues to grind higher since rallying off lower range ascending parallel (white) back on 16th October. ~38000 playing key psychological level & failed to break-out twice, while middle parallel trend-line (dark blue dashed) acts as rising support + bullish flat-top pattern development. Punter consensus = anticipated ETF launch as catalyst for breakout towards upper range parallel (white)/50% Fib confluence zone...or could be a "Buy the News, Dump the Fact" event, TBC. We shall see.. DYOR.BTC rips higher, just short of tapping 50% Fib - now consolidating within tentative trading range ~42160 - ~41320.