Bitcoin has finally spiked into my green target box

In my previous post published yesterday I tried to calm down bulls. We got one more nominal low even though the micro structure had looked very completed. That last move down came as a spike and immediately got bought out. It’s a good bullish sign. Another bullish sign that bears aggressively attack my bullish calls on Tradingview. So many guys are convinced Bitcoin is going to break 3,000. This is an ideal conditions for a new rally to unfold. Technically we need bitcoin to confirm its bullish intentions by breaking over the first immediate resistance at 3,885.

Bitcoin - 30 min chart updated on 22 January 2019

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