Bitcoin has broken out yet again. It is definitely back in bull mode because it has reached the price targets established by our Fibonacci extension levels. Additionally, it appears to be forming a ‘dragon head’ pattern, a pattern we teach in our courses. This is a very bullish pattern, characterized by extreme growth, followed by some volatility after a pullback. You can use this opportunity to load up, or wait for it to dip further. It is likely to continue to range here, worst case scenario. The Kovach OBV is the most bullish its ever been, indicating there is some serious capital flowing into BTC.

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