BTC has been following this uptrend line since 6000 and its holding up pretty good. Also CBOE is net long and most people are shorting BTC like crazy and this is going to build a good liquidation which means more gas to go up. As i marked CBOE futures are closing at 19th of September if they don't change their position before expiration (which seems they are not going to) we are going to continue this uptrend till 8500 after that it depends on CME futures expiration which is 28th of September if they long it we will keep our momentum and create fomo for a bull run.I will add if anything changes.
Trade closed: stop reached:
It turns out that cboe guys are not long anymore unfortunately im not still able to see new info yet... I was hedging so no problem