BTCUSD-BUY PROJECTION

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BTCUSD-BUY PROJECTIONBitcoin / US DollarCOINBASE:BTCUSDCartelaBTC looks quite bullish on the daily timeframe after we saw a successful break above the $112k zone. Technically, we can see a clear trend reversal from daily bearish trend to bullish trend after the market formed an inverse head and shoulder pattern around the $108k level. I anticipate more bullish price action to develop once we get a break and close above 116782.74 I believe more buyers are likely to step in.