Bitcoin flashes a breakout on the day charts at 17623 on 120123 for the medium term target of 20970. It has been on a medium term downtrend since 030122 for 370 days till date.
LONG TERM PULLBACK SINCE 010622
MEDIUM TERM DOWNTREND SINCE 030122
SHORT TERM UPTREND SINCE 120123
PIVOT 17623
Long positions above 17623 for 20970 and 39780
Short positions below 17623 for 17476 and 9372