Moon, please ?

This is a (huge) 2-month timeframe chart. I think it conveys a simple yet quite effective view on the trend.
Watch Parabolic SAR and Bollinger Bands.

We've an extremely bullish scenario above the 10.000$ mark.
Upper BB breakout and rising volume needed.

Looking forward to these last two months of 2020.

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Previous analysis:

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And:

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And:

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Speaking of current scenario, i've marked on the below chart the 3 most representative candles BREAKING upper Bollinger Band on a monthly close.

That's basically:

* March, 2013
* May, 2016
* October, 2020

Both 2013/2016 candles marked a continuation / acceleration in uptrend.
Interestingly enough the 2016 candle preceeded a Parabolic SAR reversal.
Something we just saw in october 2020.

So far so good.

Kepping in mind that's about medium term outcome.

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Price reached upper BB zone ( about 15.000$ ).

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Dealing with trendline (resistance):

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Zooming:

Trying to confirm an ascending triangle.
Needs volume and not much time left.

A rejection here would be troublesome, bitcoin you'd better push here ...

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Ugly rejection if confirmed within one hour.

Be very careful under support ( about 15.500$ ).

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Maybe it go through 16.000$ ... At last.
Eyes on close.

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The whole picture, as of now.

Boom or doom.

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Boom.

Now we need a confirmation on monthly close.

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Impressive.

Still it has to be confirmed on november and december close.

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Same, on monthly:

Let's see next week, that's crucial.

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Mind the fact Bitcoin never managed tp close such a tall marubozu candle.
So far.

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It managed to do it.
Tallest candle ever on november 2020.

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Today our ascending triangle reached its natural target in the 23.000 to 24.000$ area. It was a nice ride, up from 13.000$.

Now looking forward to monthly and yearly close.