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BTC on fire

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per my last analysis, we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders .

πŸ“‰ As mentioned, for the the pattern to get activated, we need a break above the blue zone / neckline.

This week, BTC broke above the neckline, so now we are expecting a bullish movement till the next resistance around 30,000

πŸ“Œ30,000 is a strong round number, resistance and supply zone . So expect reaction there.

For the bulls to take over from a MACRO perspective, we need a break above 32,000