Bitcoin broke two resistance lines, and the second line is very important, since on August 19 Bitcoin failed to break it. Now everything looks more hopeful, the cryptocurrency Father has gained strength to go higher, at least from an important resistance line (purple). On the way to this goal there will be a strong level of resistance and it is important to watch the price behavior at this level. I assume that the price will not immediately break through this level.
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Wave Y is at stake! Probability
We see a triangle that can be formed at the end (ABCDE)
We have a CME GAP against (opposite) a weekly average of 20/21 MA. Where did wave Y end? (9k - 20 / 21MA) or GAP CME (8500 1.236% fibonacci) or 7500 (1.618% fibonacci)
looks like a mini fractal of the last time that line broke and it dropped back in, I think it has to over come the R overhead before calling it major breakout, so the next day or so should decide its destiny