in my first sketch of TA wee will be looking at a large timeframe, and for the latest bullish momentum. As we can see Bitcoin managed to brake out the big triangle, is moving up and looking very strong. ATH is now an objective again, but the moon mission won't be straight forward. Although i only find two major resistances, 14k and 16k levels, and after clear skies til ATH.
Lets see what happens.
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What a ride, i hope you all did well in the last month. Crazy times.
Bitcoin is stronger than ever, and was way more bullish than i thought when i had this idea. As you see, 14 and 16k went through like butter and it almost kissed ATH.
As the time this update the daily is a big red, and the volume on exchanges is tremendous. IMHO, the overal sentiment continue on the bulls side.
Is bitcoin having a break? Or will it keep going south?