BTC officially back in uptrend formation !

Well, It took months but price action doesn’t lie.

1. The first major milestone was breaking the long downtrend line from ATH’s on the Daily TF (Big straight red line).

2. Next was the re-alignment of the EMA’s (10 above the 20, 20 above the 50 and price above all).

3. Next was the final breakout above the previous near term resistance (the $75,000 level). The only thing left I’m waiting on is the weekly candle to close above the $75,000 resistance as well by end of today - but this is already looking like an A+ setup to me

How are we feeling for this week?