Bitcoin trend change. Here is how I think it will play out.
Trade closed manually:
Looks like we're headed for ATH again. closing the thread
Trade active:
I'm actually going to keep this open for a while. If it crosses above $4200 again, I'll close it
First Target Reached and it bounced very hard, straight up to the sell target. If it continues following my chart, then it will continue downwards. In the case that it does manage to close above that upper trend line, we could see another run for ATH, otherwise I think a dip to 2800-3k is necessary before we start moving up again.