The trend is your friend, and the trend is up.

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
This fib channel has been doing work.
It happens to have perfect confluence with the 9.6k weekly resistance.

So the idea is simple: we go to 9.6k, then a small correction to low 9ks - high 8ks, then 11.5k which is both on the weekly & monthly chart a big resistance level .

There are many ways to come to this conclusion, but this fib channel indicates it in a very clear and simple way.

Good luck, stay safe.
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