BTC broke major downtrend line 2 months ago and now is consolidating above major resistance turned support. As long as 10.5k holds, bull case is stronger than bear. Given BTC's history, I am not expecting a slow grind up, rather I would expect a rapid 5 wave expansion to 20k, as was saw in summer 2019, when BTC ran up from 3k to 14k.
Monthly picture looks strong given we close like this.
4M picture very bullish. Expecting this candle to flip green and run up to the end of the year.
BTC is quite simply the of the most bullish highly liquid assets on the planet right now. This thing is simply going to blow.
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