BTCUSDTSometimes a clear mind can do more than lot of info...
Using line chart and just support lines can help us see a simple overview of the market.
It broke a few support lines and it is at dotted resistance.
It is still a lot of momentum in the bitcoin move and next days will give a possible trend. For the moment i remain bullish until 7800 - 8000.
Note
First target aquired.It has another 2 small levels to break until the next target.
Sincerely, if it will hit the second target, it is possible that we'll touch 8750 area.
Here is my full new updated post:
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Disclaimer
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.