Once bitcoin passes that key point then it will be a pretty good bull run. Bitcoin was consolidating for the past few months and now it is forming an ascending triangle. On daily RSI, you can see it formed a bull reversal. The volume profile indicates there is a wall right below the key point, so once that wall is cleared then it will run up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.