Since Friday last week, BTC went above the three Simple moving averages and is still rallying above them, While the price is still contained above these lines and also above a key line $7,547.55, I expect a momentum to the upper side. On its way upwards, the key lines to look for include $7,874.04, $8,247.80, and $10,214.21. If these lines are breached, then I expect a momentum towards last years highest high. Sell positions will only be advised in case the price breaks below $7,547.56.
Remain long towards $7,874.06.
101% Double the volume
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