Bitcoin
Panjang

BTC moving higher, 140K not that crazy

51
If you're looking to short BTC around the 110K range thinking "oh yeah, this is the fourth or so time its been at 110, I'll make a quick buck".. don't. This is looking very different.

BTC has already broken out of its current resistance channel and its now acting as support. You can see its bounced off of support once and its hovering around there again.

All that BTC needs to do it do a small move up past its ATH and it's off to the races.

If the bull flag pattern holds true the move could go as high as $140k.

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