The Bulls are Back! After breaking downtrend resistance its relatively safe to say that the previous target of 8k was not going to be hit. After some consolidation within the bull flag $BTC will breakout to the upside with force and likely make new highs within the coming weeks ahead. Targets are highlighted in blue with 25k-30k as our goal for this trade.
Bearish Bat on Bitcoin - looking for a 50% retrace and a bounce on 4hr cloud support.