Bitcoin Gold (BTGUSD) broke today above the Lower Highs trend-line that started after the Cycle's High on May 2021. That is a major bullish break-out and the last Bear Cycle Resistance standing in the way is the 1W MA200 (orange trend-line), which even though it broke in mid October 2022, the 1W candle failed (emphatically) to stay and close above it.
Secondary...
Pattern: 1M Channel Down.
Signal: Bullish as the price broke above the 1D MA200 (orange line) and marginally crossed the pattern's Lower High trend line. Ideally expecting contact with the MA50 first.
Target: 30.000 (near the 1W Resistance).
