A look at the 4hr chart for BTC shows the multiple touch points of a symmetrical triangle for BTC , something of a breather from the recent mad run. On the 4 hour chart, the RSI looks decent. forming higher lows, and the 50 length MA is approaching the 200 day MA, lining up for a potential golden cross.
Closing in on a 1 hour view for a bit more detail, the 0.236 Fibonacci retracement seems to be holding strong for the last few candles, indicating support here. There has already been a golden cross on the 1 hour, indicating that momentum will continue to push towards a golden cross on the 4 hour. If this support holds, we could see a breakout of the long term trend positively around the end of April, which could lead to a good run going forwards.
Closing in on a 1 hour view for a bit more detail, the 0.236 Fibonacci retracement seems to be holding strong for the last few candles, indicating support here. There has already been a golden cross on the 1 hour, indicating that momentum will continue to push towards a golden cross on the 4 hour. If this support holds, we could see a breakout of the long term trend positively around the end of April, which could lead to a good run going forwards.