BTC broke out of 2 triangle resistance trend lines.
Red and deep pink lines are resistantance. Currently waiting for confirmation at 57k for support.
4 hour MA ribbon confirms bullish rally after successfully closing above new support.
Entering new rising channel. PT conservatively at 66k.
Flipped 47k to support. Potential to continue higher in this narrow channel. However I believe we will trend lower back to the 47k support short term.
I am Long BTC in the big picture.
The 2021 bull trend is following trend lines formed early on very nicely.