BTC is at the following critical points:
1 @ Long Term (144) DEMA. A break below would not be a good signal.
2 @ Long Term Trend Base A break below would not be a good signal.
3 Long Term (144) Volume Average Levelling from rise - Indicative of Volatility Decline, Institutional HODL, Retail Trading, Awaiting News.
4 Long Term (144) RSI Peaks Declining, Troughs Level forming RSI Descending Triangle - Indicative with Break up Soon.
So a bit of a mix here however I feel the positives out way the negatives which would indicate that BTC is about to Bounce North off the base trend line and LT DEMA. If it does break South the next real level is @ $50,500 and then $45,000.
If it breaks North the next target is: $80,000 (Mid to end April)
1 @ Long Term (144) DEMA. A break below would not be a good signal.
2 @ Long Term Trend Base A break below would not be a good signal.
3 Long Term (144) Volume Average Levelling from rise - Indicative of Volatility Decline, Institutional HODL, Retail Trading, Awaiting News.
4 Long Term (144) RSI Peaks Declining, Troughs Level forming RSI Descending Triangle - Indicative with Break up Soon.
So a bit of a mix here however I feel the positives out way the negatives which would indicate that BTC is about to Bounce North off the base trend line and LT DEMA. If it does break South the next real level is @ $50,500 and then $45,000.
If it breaks North the next target is: $80,000 (Mid to end April)