BTC LONG OPPORTUNITY

BTC long opportunity to $103,670. Simple break out from a descending pattern coupled with rejection from the SMA's on 4hr time frame and the rejection from $99,000 on higher time frames, also notice the low test candle on the 4hr slightly piercing through that support level.

Expect a pull back at around $101,600 - $101,700 for liquidation and relief for retail traders. Fib would give us a target of $103,620 which is also the ATH for BTC so a good target to revisit.