Bitcoin: The final boss
Diupdate
Bitcoin has recently finally broken out of the 42-30k range with a nice price increase afterwards. Currently facing HTF resistance @48-50K, we brake this big resistance we could see new ATH's. If we get rejected hard we are back inside the range of 42-30k again and we consolidates some more.
Bullish scenario: Weekly closes above 20W and hold it as support
Bearish scenario: Rejection and lose the 20W
Both scenario's are not that bad if you look at it as an investement perspective.
Bullish scenario: Weekly closes above 20W and hold it as support
Bearish scenario: Rejection and lose the 20W
Both scenario's are not that bad if you look at it as an investement perspective.
Catatan
Weekly closed around 51k very bullish. Hold above 50k and we will see new ATH’s very soon.Catatan
Dropped back below 50k bearish. A HTF test of the 200d EMA and 20W 42/43k would be the best scenario to get great buying pressure again.Catatan
BTC Back above 50k. Facing the last minor resistance @58K. Break of 58K would mean new ATH's for me
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