#Bitcoin #BTC #BTCUSDT
Bitcoin's last price high was $97,900. The low 21-November was $80,600 and yesterday we have a higher low at $87,900.
The retrace lasted exactly six days: 14-January through 20-January. A small pause, not even a week long... And here we have some strong variations. Some projects went bearish for two weeks or a little more while others produced only one week of bearish action, that's all.
Last week Bitcoin closed for the first time above EMA8. This we saw as a strong bullish signal. EMA8 weekly has a reading of $92,000. This week Bitcoin started red, below EMA8 but it will move back above it to produce astounding growth.
The last high is ~$98,000, a higher high can easily put Bitcoin around $108,000 before the next pause. Then we go even higher which is likely to be the relief rally's end. There is plenty of time for this whole move to fully develop.
The altcoins will perform magic while Bitcoin trades above $100,000. It will be awesome and everything is 10,579% fully confirmed.
We are bullish. We keep on bullish. Higher we go. The bullish phase is not over, the best is yet to come.
Namaste.
✅ Trade here on $BTC
