#BTC UPDATE (1D Chart)
All existed resistances that were separating us from the local bullish season are broken upwards now. The longer we stay above the $32,000 - $33,000 zone, the higher chances of going further to $36,000 - $38,000 zone we have.
We may see a possible fake breakdown of the support, but it is better to just continue growing without it.
What I see for now is extremely huge bullish volumes, stress-free red trend line breakout and consolidation much higher. I’m trying to remains sceptical, but…
It is hard to deny that we entered the Local Bullish Phase of the market, at least until the ETF Approval news come out. Imho, they are priced in now. So, I consider ETF approval as a sell event.
But… nothing stops us from growing until then
