Bitcoin: $121,361 Target Revealed —Time to go LONG!Bitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaWe've been looking at Bitcoin on the short-term timeframe, 4H. It is time to zoom-out and consider the bigger picture. The retrace is over. BTCUSDT closed three days red. Two days produced significant bearish action and yesterday nothing. Today, I am seeing the start of green. I published a signal with entry range up to $67,000, still active now. See here: $74,500 will be a barrier on the way up. This level worked as resistance 4-March and then again 17-March. This is the main level to break for higher prices. Third time is the winner. We go higher. It is easy to predict a higher high based on the double-bottom and higher low. Also, while $74,500 worked as resistance, the 17-March high was $76,000. The bulls are gaining ground. The market has been producing slow and steady growth but it never stays the same. A long period we have this sideways with a bullish bias but suddenly, it can all change. Instead of a new retrace at the next resistance, say, $79,000, we see multiple levels taken out at once. Two factors can support bullish momentum: FOMO and short-liquidations. When prices start to rise, specially as soon as Bitcoin moves above $70,000, people know the bulls are on and get back in the game. Whenever a short position is closed, there must be some buying to repay the loan. This causes a dynamic effect on the price. The higher the price goes, the more shorts are liquidated, then more buying needs to happen to repay those loans. It goes on and on. The futures market takes a large portion of all the trading, specially now as the market goes sideways. And we saw recently how the Open Internet has been going up for more than a month. Everything is building up to a major rise. This is a friendly reminder, Bitcoin is going up. The higher low happened 27-March so this is an early call. It is the time to go long. Same for the altcoins. Namaste.