Bitcoin's daily candle today is turning out really strong... We have a new target now.
We were aiming at $44,440 for BTCUSD to hit short-term but looking at how bullish the chart is behaving now we have to adapt and update our perspective.
The day is yet close, this can be considered a disclaimer.
If we see Bitcoin closing above $40600 today we are going to end up with a hammer and a chart that is overall very, very strong.
We looked at Ethereum (ETHUSD) recently and this one too is pointing straight up.
All the signals were already described in my previous articles.
Bottom line, Bitcoin is aiming at a new All-Time High.