Well seems Bitcoin Cycle bottom is around $17600 and $17900. Btc on the daily is breaking out of the triangle pattern, bullish for a short term momentum to the upside. BTC must get above the 25 day MA and close above it. There is a large amount of resistance between $25300 and $28700. bitcoin will bump its head around those two price targets. Don't be surprised after we bump our head we will retrace, possibly back down to cycle bottom again just to confirm Support. If support at cycle bottom holds then we will see a slow move upwards or sideways which will take months to complete. What I would love, BTC hit $100k this year and goes sideways at $100k until the next halving. that would push BTC over $200k...Only time will tell.
Comment:
all targets smashed. Nice