What's Good Bitcoin?
After last Friday’s breakout from the downtrend, Bitcoin has been moving exactly as expected—gaining momentum once the markets kicked back into gear.
It pumped above the crucial $101K level and has already retested this zone on the 4H chart.
The most important thing to watch is whether Bitcoin holds above $101K on the daily close.
If it does, I expect:
• Mid-term continuation of this trend.
• Potential challenge of the all-time high (ATH)—possibly in January.