This is a very Bullish setup.

1. Golden Cross

2. New highs

3. Consolidation into key demand

4. Retest of the 5OD EMA

5. Expansion

All whilst the sentiment is very bearish/exhausted.

People are losing hope, and that is key before an aggressive breakout.

As per my original thesis on this, still expecting $102k/100k with some wicks.

This has become further confluence WITH the 50d EMA now being at $100k.

Continued 👇