Bitcoin (BTC) Price Signaling Bullish Continuation With Bulls In Control

Bitcoin price corrected lower recently and tested the $4,920 support area against the US Dollar.
The price recovered nicely recently and traded above the $5,040 and $5,100 resistance levels.
There is a major breakout pattern in place with resistance at $5,130 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to accelerate higher and it could even surpass the $5,180 and $5,220 resistances.Bitcoin price likely completed a downside correction near $4,900 against t