It's pretty clear that the shorts just got wiped out and blew past the 200-day MA. The first target at 21K has been reached. Next major zone would be around 22.5K.
Congrats to all who accumulated between 16K - 18K.
Note
Target #2 has been reached at 22.5K. Next major resistance is at 25K.
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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.