SATURDAY
22-JUN
Price broke above the Q2-2018 high and picked up more bullish momentum.
It is now targeting the next monthly high above FEB-2018.If the range has been established, the whole move below $6,000 has been a deviation and price is likely to be reaching for the range EQ after rejecting the lows.
The range EQ comes around $13,000 which is just above the last monthly highs before the all-time highs (ATH).
On the Weekly, any pullbacks should provide scenarios for longs, especially if price revisits the latest accumulation range between $9,000 and $7,500.
However, given the bullish momentum, pullbacks are hard to be imagined right now.