Bitcoin broke a major horizontal resistance level today

Bitcoin had been enjoying it's slumber for 3 months now, basically going nowhere.

Until today.

Not sure exactly what sparked the rally, but banks custodying bitcoin didn't hurt and neither did another round of stimulus from the US and Europe.

Plus we have gold and silver going up almost every day as of late.

Either way, from a technical perspective, this is very bullish:

(Source: https://twitter.com/sunnydecree/status/1287789201128390659/photo/1)

Bitcoin is finally breaking through a level that has been the bane of its existence for the last year or so.

I am not sure how much higher we will go from here in the near term because bitcoin is getting a little frothy already, but this was huge news for the coming weeks and months.

Hopefully you had been buying the dip.