Bitcoin is now trading in a range of $57,000 - $59,800 after breaking the downtrend line (dotted line) with good volume. BTC is in the accumulation zone before the next rally. Bitcoin is rejecting from the $60,000 resistance area.
There is no need to panic here. Bitcoin is going perfectly and preparing for the next big rally. Second-quarter is mostly bullish for BTC and we expecting a good rally in April-MAY. Hold your BTC bags for the next leg up.
There is no need to panic here. Bitcoin is going perfectly and preparing for the next big rally. Second-quarter is mostly bullish for BTC and we expecting a good rally in April-MAY. Hold your BTC bags for the next leg up.