Bitcoin has bounced on the lower trend line of the triangle pattern, confirming a third touch. Bitcoin is also back above its long-term uptrend support line after losing it for the past few days. Institutions are also piling on shorts for Bitcoin, and we have seen a clear trend in this bull market—that overleveraged players will get wiped out. Their shorts are our fuel to pump.
Wait for a breakout, and then 80K+ is the short- to medium-term target.