Traders,

Exemplifying surprisingly bullish price action, Bitcoin has blasted through huge amounts of resistance and has now achieved its target.

On both this chart and my log chart, the levels of resistance that have been broken overhead are not to be taken lightly. They almost certainly will act as good support going forward. The resistance that has been broken is so profound, I am almost willing to state that the bottom is now in at this point.

Here's a look a my log chart:

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