Bitcoin is going in the right direction for now but there is a big chance that it could retest the orange line first before it continue up, (it is very overbought at the moment), that was the previous resistance line that could act as a support now, we have also break an important line of previous resistance too (red line) and could also make support there, Bitcoin could continue also forming an ascending parallel channel till it may end up hitting the top yellow resistance line, Bitcoin have also created a new bullish divergence in the daily chart and is all looking good, fingers crossed and good luck!