BTCUSD Chart Technical Outlook has broken out of the channel formation to the upside. The psychological $100k big figure has been achieved. We have a 261.8% extension level located at 102404. Elliott wave analysis would suggest the scope for a correction is lower. 100K is likely to be a pivot. Reverse trendline support is located at 97,294. Bespoke support is located at 97,130.
