BTC technical breakout bullish, target over $100,000, short-term focus on the 100-day moving average!
$BTC initiates constructive price movement. There's no clearer signal than this.
The larger picture is on the left. Breakout from descending expanding wedge, target far exceeding $100,000.
In the detail on the right, we see the much-discussed 'bear flag'. I believe the bear flag will fail and break to the north, as we now have a new bullish alignment of the 10/20/50 SMAs, accompanied by a perfect retracement to the broken descending trend, channel center, and the moving average cluster.
Once the bear flag breaks, the next target is 10W!
