Pitchfork finally broken
Bitcoin has finally broken this 5 month pitchfork formation to the upside & straight into another key level of resistance being the 61.8% retrace off the Oct->Dec decline & the 161.8% extension off the Dec->Jan move. The 100DMA being close by at ~$9100. So if bitcoin does stay above this new slope support, it's looking constructive to perhaps re-test those June/July highs. A break above 70 RSI would likely accelerate those gains coupled with resistance breaks.
Weekly also needs to close above the slope
Potential 4hr pitchfork
Weekly also needs to close above the slope
Potential 4hr pitchfork
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