BTC Perpetual Futures Contract
Long

Bitcoin above 42k!

109
Bitcoin managed to break above 42k and we are retesting the important resistance level right now and it seems that we get a daily close and confirmation above. You can make the case that this is a cup and handle with a target of 54k. If we reach the target we are maybe consolidating a bit or forming a bull flag. I think that if we can hold above this level we are very soon in a weekly bull market.

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