BTCUSD further rise. My previous analysis keeps the current movement accurate. Therefore, I would rather consider the current post as a supplement. It can now be seen that bitcoin makes an ascending motion along the ATR axis (purple line). This rise is parallel to the ATR axis. What it means ? This would indicate that the rising ATR is technically pushing up price movements. The ATR should be interpreted as the "accelerator pedal" in the car. ATR speeds up the speed of movement. In the present case, we can state that the rise of bitcoin is a "healthy rising trend". What is the next target price? Those who read my analyzes know that ATR calculations can not only help determine the rise, but also very accurate target price training. In the figure we can see a gray square. The bisector of this is 50% of the D1ATR. The gray square represents the maximum value of the daily movement of the price movement. And D1ATR50% is the level below which a strong long trend cannot close the exchange rate within a day. If you like it is the bottom of the stop level. But let's move on. One of the basic tenets of a wave sequence is that the waves are built symmetrically. Their axes of symmetry can take many forms, often around the D1ATR50%. This is also assumed by the current approach. That is, the following D1ATR is based on the target price: 68212usd.