The bulls are still in control!

١١ أغسطس ٢٠٢٠

Following up from my Inverse head and shoulders posted on the 29th of July here we have the perfect breakout

I have indicated on this chart a strong break through resistance, which has now become a strong support zone
buyers pushed up and formed a double top and the price fell to $11500
however that strong support line pushed price back up so quickly that Bitcoin didn't break trend.
once we move from the consolidation zone and break resistance I think we will see further price action up to $12900

**NOTE** Always remember the trend is your friend
XBT 4hr