Cryptocurrency Trading Update: BTC - March 18th

What a giant move we saw this morning. Bitcoin surged over $1000 this morning before seeing a significant pull back. The charts below show the 1 hour view and 15 minute view.

Looking at the 15 minute you can see that BTC broke above a very important trend-line and it has since come back to said line and created a consolidation pattern. I am expecting that this impulse move is the start of the new bullish pattern and we will see plenty more upside from here on out however, there might be one or two more pushes down so be weary. The biggest signal for if this is a bullish signal is if it takes out the previous high set around $8600. Keep a watchful eye on this and keep the money in the market rather than on the sidelines.