The 1-hour chart of Bitcoin shows upward divergence in the moving averages supporting the upward trend; the Bollinger Bands are expanding, with price forming an ascending channel between the upper and middle bands; the rise is accompanied by increased trading volume, with both price and volume rising!
The KDJ golden cross indicates short-term upward momentum; the MACD on the 4-hour/daily chart is diverging above the zero line, indicating enhanced bullish momentum!
Bitcoin, 119800, buy at 119300, target 125000! Watch for a breakout! $BTC