1.Bitcoin has broken out of the inverse head and shoulder on daily charts which confirms the move to the top once again.
2.Price have broken above the downtrend line which set the bear market in trend at the first.RSI breakout also took place on charts.
3.An extremely important factor is the bullish engulfing currently in place coupled with moving averages.A daily close above 8220 will then head open doors to 9985.