After a few tests of $14k these last couple weeks, it looks like bitcoin is finally getting ready to make sustained push through it.
Every pullback after hitting $14k has been shallower than the previous one and right now it looks like the last pullback before the push through $14k.
Here's how it looks on the 1 hour charts:
(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)
It's only tested $14k a couple times over the last week but I think it's ready to move up and through it now.
That has been a significant resistance are going back years from now.
Back in July of 2019 bitcoin got pretty close to that $14k number and it has been close a couple other times recently as well.
Once bitcoin gets up and over $14k, there is not much on the charts all the way to new highs.
Literally there is almost nothing on the way to $20k.
Looking at the charts its not hard to see a scenario where bitcoin gets pretty close to that $20k level by the end of this year.
