Bitcoin Breakout: Channel Retest Confirms Bullish Momentum $126K in Sight!

After yesterday’s analysis, Bitcoin has successfully retested the upper channel on the hourly chart, confirming a move higher.

Following on from yesterdays bitcoin analysis we have had a successful retest on the upper channel which gave us our confirmation that we are going higher.

Hourly time-frame channel retest
Hourly time-frame channel retest


Our first target here should be $126k - If you sniped the bottom on the channel retest you would get a very respectable 31.4RR Trade, If you was to enter now, It's still a respectable 10RR Trade

31.4RR Entry
31.4RR Entry


This is just the bottom of the targets! - So lets go Bitcoin! 


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