Bitcoin finally broke out of $61k resistance that i was talking in my last few bitcoin updates, Now that we finally have a breakout what can we expect?

Let's have a look at charts and discuss.

BTCUSD (Weekly)

Bitcoin printed a really nice candle last week, Reclaimed that $61k area that was rejecting the price.

Since we have a bullish weekly close our focus will be on the bulls side only.

Bitcoin Weekly higher Low

Bitcoin was continuously creating lower lows on the weekly chart and now we finally have a potential higher low. That means there is some positivity on the chart and we can finally see a shift in trend.

As long as this weekly chart doesn't break that higher low. BTC seems all set for keep pushing higher for a new all time high.

Bitcoin Weekly Trade Plan

I am already in a $BTC trade as i shared it last week on my profile. For this week i am not sure if there will be a pullback or not but $61800-62800 can be a good zone to bid on Bitcoin imo.

Bitcoin 4hr chart

This chart is the reason why i said i am not sure if there will be a pullback or not as Bitcoin is currently in this range that it build during the weekend. So price has to break under it to give that 61700-62800 pullback.

i will add more into my position if it get it, So far the chart looks fine.

Bitcoin is all set for a move up this week imo , The Bulls are in control..!