Bitcoin Bullish Break-Out?

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If Bitcoin wants to continue this path we will have to have a small retrace, but so far Bitcoin looks strong. It is a make or break point of the bull run that is going on for almost 10 days in a row right now.
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Bitcoin broke the 7,800 resistant and is now flirting with the 8,000 levels. If we can stay above the 7,800 the uptrend will slowly continue. If not, we will see a big drop.

Recently the ETF news on August 10th kept coming up, but I expect the SEC to postpone the decision (which is not necessarily a bad thing).
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