Bitcoin looks bullish. Target is 126 500. BITCOIN / TETHERCOINEX:BTCUSDTTim_bullThe market had hunted $19 billion liquidation on October 10th. In particular, the 1 billion liquidation in Bitcoin, which was at prices between 107,000 and 108,000, was never taken. It was clear that it would be bought with a wick. Had the candle closed within this price range, we would have faced a lower bottom. This would have generated bearish momentum in the market. Now, we see hunted liquidation, rising lows, a green candle engulfing the last daily red candle, and the last red candle closing higher than the previous green candle on the weekly chart. In other words, the bullish market structure remains persistent. Leave comment if you agree or not and write you opinion.