Bitcoin still moving higher. Are the bulls ready to take us to above $10k?

Yesterday we had a very nice bounce from $7356 to $8401 and then a small pull back to $8283. This morning we are at $8518 and the chart is pointing up. This is very welcome after last weeks dump, but is this bounce enough to change the trend?

What many commentators on YT say I that we need to see higher highs and lower lows all the way above $10000 to break the bear trend. I expect that we will see some profit taking, but this will hopefully make a higher low before we make the next higher high above $8686, which is yesterday’s high.

I watched Haejin Lee’s update and Dan from the chart Guys and it looks very positive. Look at Haejin’s long term view in his video below. It looks GREAT!

Here is the short term update from the Chart Guys:

Here is the long term update from Haejin Lee:

Do you think this is the start of the new BULL run on Bitcoin?

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Colin Brazendale

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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.