Bitcoin just closed above the monthly 9950 Support and is holding it. If it breaks back down below this level its only temporary, we're in a bull market.
Bitcoin has ended its accumulation period and is now entering its next parabolic wave up. I've called this a month ago, please check my previous charts.
The only thing holding Bitcoin back was this local downtrend stending from the local high. Price is being suppressed between the monthly 9950 level and the downtrend. 2 weeks ago I said this how Bitcoin would have nowhere else to move but up, and look what direction its headed in.
Within this month we should see a test of the 17k weekly level and a monthly close above 14,000
Bitcoin has ended its accumulation period and is now entering its next parabolic wave up. I've called this a month ago, please check my previous charts.
The only thing holding Bitcoin back was this local downtrend stending from the local high. Price is being suppressed between the monthly 9950 level and the downtrend. 2 weeks ago I said this how Bitcoin would have nowhere else to move but up, and look what direction its headed in.
Within this month we should see a test of the 17k weekly level and a monthly close above 14,000
