Bitcoin boosts the price action within the expanding triangle and could soon touch its upper bound at $9,000 - $9,300.
* Bitcoin resides just under the 21EMA, breaking above which opens prospects to the expected target level of $9,000 - $9,300. * The upper band of the recent formation - an expanding triangle - is accurately aligned with the bottom of the broken long-term triangle outlined by red trend-lines. * Hence, the Resistance at $9,300 appears the strongest on the long-term price chart. * MACD is expanding into the positive territory signalling that the bullish momentum keeps up.
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