The BIP91 lock-in has propelled Bitcoin skywards and above the equilateral triangle bottom trend line that was broken on July 10th. This is definitely a bullish sign and I think we might have resolved the sideways action a week earlier than expected.
A retest of the breakout at $2550 wouldn't be unwarranted and very much welcome. Afterwards, if we can hold the bottom of the equilateral trend line and ride along it a few days, we will definitely see new all time highs shortly.
Levels to watch:
$2755: Current Price
$2630: Potential support here
$2450: Potential support as well. I think we will need to test this before this move is really confirmed. Otherwise, I'm a bull here looking for a pullback to enter.
