The long term bear channel that carried bitcoin for over a year is clearly broken. We have likely entered a new bull market and the next target to clear after 4k will be $4340 (Bitfinex). If $4340 is cleared, the next support line is all the way up at $5800.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.