Bitcoin / BTCUSD remains supported by the 1week MA50 but still under the 17 month Resistance.
A similar Resistance level kept the price at bay and inside the accumulation process during the previous Cycle.
No candle closed over it and when it did, the parabolic rally took off.
The Halving makes all the difference in Cycle dynamics, before then it is less likely to see the Resistance break.
Whatever the case, you can't say yet again that you didn't know how Bitcoin's Cycle work and make excuses why you didn't buy before the rally while the price was still low.
There is a legitimate chance that we will see even 150k in this Cycle.
Do you want to miss the chance?
Follow us, like the idea and leave a comment below!!
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