Bitcoin is finally doing something we haven't seen in a long time...

In fact bitcoin just did something it hasn't done ever since the bear market started back in December of 2017...

It broke it's long term downtrend line to the upside:

(Source: https://www.tradingview.com/chart/BTCUSD/WSx4BdlU-Bitcoin-the-bear-market-is-over-get-used-to-it/)

Rut roh...

That is not a good sign for the shorts!

In fact, several technical indicators are suddenly turning bullish...

We also are starting to see some moving average crosses we haven't seen since the bear market started either.

The weekly chart is showing a 10 and 20 MA cross...

Check this out:

(Source: https://www.tradingview.com/symbols/BTCUSD/)

Things are suddenly starting to look very bullish on the charts.

I would not be surprised to see bitcoin test $6k within the next few months.

I don't expect us to test the all time highs for a while yet, but I think we are in store for a good next few months.

Stay informed my friends.

-Doc