Bitcoin Bulls are amped! Back into bull channel! $4000 Target!

Wow! Wow! Wow! These Bitcoin bulls are furious and charging through everything. There is a ton of strength behind this move! Really the only major resistance we have to break is our TOP of June 12th. After that? $4000+

We are seeing slight consolidation here as we rest on our $2760 support. Now is the time to BUY, BUY, BUY. We are back in our bullish GREEN channel and I don't see us breaking back down through this, especially with all the strength in this move we've already observed. If you are a swing trader like me, there's really not much of a better opportunity to buy.

We may bounce around between our TOP of $2980 and the bottom of our channel for a few days leading up to Aug 1, but sometime around the 1st of August (+/- a couple days) I expect us to break the TOP.

Target is at/around $4000 or top of GREEN channel.

Trailing stop should be adjusted frequently to follow the bottom GREEN trendline of our channel.

Time to cash in on all your patience. Have fun.

Happy trading friends.

Trade closed: target reached:

$4000 target reached. This happened far sooner than expected and so it could get ugly in the next few days/weeks. But if you missed this massive move up, you'll likely get a chance to hop on board soon.