Bitcoin is in a symmetrical triangle connecting all of the relative peaks since the December crash to today. All of the relative lows form a support in which it looks like we will be consolidating around April 10th. It looks like within the next few weeks, Bitcoin will break out in a certain direrction. MACD looks like it is ready to go have a bullish crossover, maybe this will be what we need to break upwards and moon, but the RSI looks a bit bearish right now so hopefully we don't break down. Time will tell, let's see what kind of "news" comes out during this time frame because that tends to have a huge influence on Bitcoin's direction.
Kommentera:
We are bouncing off of support, hopefully this will result in a breakout upwards!