Boom, just as we expected. Cleared those last lows before moving straight above resistance once again. Our current model remains intact and long orders have been filled with an average of $47,088 putting this positions already in profit and expected to run up quickly.

BTC currently has 2 options: Heading straight up to $54,000 (one of our toughest resistance levels currently) and retracing from there (we will receive clear weakness signs) at which point we will either exit our long positions in profit and probably short BTC. And the most likely option: heading up to this $54,000 resistance level and after grinding below it for a while, breaking through it and exploding towards our current $65,000 All Time High.

In both cases we expect to head up from our current price action area (Probability of around 80%)