BTC has been enjoying a good steady $1000 bull run off the 5.8k floor - rising 17% in 9 days. Starting off in the lower Bollinger and now traversing though the upper Bollinger.
BTC is travelling up a nicely laid out channel towards $6900 & $7000, where I think a lot of confidence will return to BTC (the orange box). This is because BTC will break the resistance at $6800 and the 50-day EMA which it hasn't done since May 11th.
Watch out for volume to confirm confidence when BTC into the orange box. Volume has been down as it has been most weekends.
I'm going long at $6900.
The Contrarian View: even without any bad news we could be due another retracement. BTC could break through the Upper Bollinger at $7000. It will be interesting to see how the then newly-formed support at $6800 plays out.