Macro BTC idea
We are at the bottom of the range in which we're in for about a year now. Let's see if we can bounce back up.
MacD seems to be slowly curling up (see histogram). This was also the case in begin June 2021.
However, if we break the bottom of the range, we see support at the demand zone ( 29k -31.5k purple).
If we're going down even further, we see the huge blue parabolic trendline (now 20k- aligning with previous ATH in December 2017).
MacD seems to be slowly curling up (see histogram). This was also the case in begin June 2021.
However, if we break the bottom of the range, we see support at the demand zone ( 29k -31.5k purple).
If we're going down even further, we see the huge blue parabolic trendline (now 20k- aligning with previous ATH in December 2017).
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