Just like that, Bitcoin reversed back to basically the previous highs created last week before the dump back down. I can't believe all the short calls called out, absolutely ridiculous. People see the dump on BTC down 30% and think that it's going to continue dumping 40-50% when the real short move is already over.
Pretty obvious that there's a double bottom formed as well as BTC held $30,838 without a candle close underneath.
Bitcoin is now approaching $41,000+ again and will hit that as the 1st TP target going long:
TP1 🎯 $41,337.96
This move that we saw on the drop down was pure capitulation. You can scroll thru my chart from Sunday, called it to a Tee. This is going to be the biggest pump right under our noses. From here after a close over $41,337, BTC is going to head towards the Fib level at $54,000.
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