BTC is above the Cloud for the second time in the bearish phase
For the second time in the recent bearish phase, Bitcoin is above the blue Ichimko cloud.
The question is: Like the previous breakup, is this a local top or are we facing a change in trend?
It depends on the break-up resistance of the $24,000-25,000 range. If Bitcoin manages to break up the resistance range, this could be a trend reversal. Otherwise, it will be a local top like last time
The question is: Like the previous breakup, is this a local top or are we facing a change in trend?
It depends on the break-up resistance of the $24,000-25,000 range. If Bitcoin manages to break up the resistance range, this could be a trend reversal. Otherwise, it will be a local top like last time