STRATBTC has hit the trend line and depending on where today's candle closes and the price action, it will mostly go up to test the previous high.
After today's dip to 12k (that was bought up very fast!) the market still feels bullish about Bitcoin and has reached the bottom of the channel we've been trading in for quite a while now. Price might retest the support and consolidate at it's current level for a couple hours, but from there on it will take off to the next level of the channel.
Why? - Price is on top of the Komo cloud. - Price reached the 0.681 Fibonacci retracement line. - At the bottom of the Pitchfork channel. To where? - A retest of the 17K resistance, so that's where i'd set my TP.