Bitcoin produced a strong bullish breakout... This is an update to our previous trade idea (shared in the 'Related Ideas' at the bottom).
Bitcoin produced a strong breakout 16-October, supported by really high volume.
The high volume reveals the strength of the move/market.
Resistance is removed with the long upper wick of 16-Oct and the doors are fully open for additional growth.
Retrace is very short, non-existent and now we have a resumption, we can expect high 31K easy and fast... And then some more.
ð The level to be tested with high certainty is the 13-July high, around 31,800.
Depending on how this level is handled, we will know if fast straight up, or a small challenge before going ahead.
âïļ Regardless of the short-term, we are set for massive growth... Fireworks 28-October+
Namaste.