Bitcoin (BTCUSD) is finally breaking all resistance:
Click chart above to see the detailed analysis👆🏻
Patience once again paid off after Bitcoin has been retesting the previous all time high for about 250 days, not really being able to create a sustainable breakout. But now, after all this waiting, things are happening pretty quickly and Bitcoin is on its way to the magical $100.000 level.
Wow, just within a couple of days, Bitcoin pumped +30% and is clearly on its way to hit the magical six figure mark. However momentum is just starting to pick up and although a short term correction might be likely, the overall trend is clearly bullish and Bitcoin might retest the upper channel resistance soon.
Bitcoin is slowly making its way to the magical six figure mark and we would only need another move of about +10%. Depending on where you actually bought Bitcoin during the bear market, it is actually a smart idea to take partials profits now. However everything remains super bullish.
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