BTC / USD
we can see how the bulls are still strong and still have the upper hand here
We can see good signs like :
1– 50D MA restored again (great sign)
2– Weekly Support at 50k hold
3– Yellow trendline support restored
4– Price consolidate inside weekly resistance
5– good weekly candle closure
6– BTC Dominance lost important Support
All theses signs will support the price and overall altcoins market and i expect a retest for 60k resistance zone in this week
My hope is the bulls continue to show their strength and hold above next resistance 58-60k
Summary:
Good as long as holding 55k
Super bullish after break & hold above 60k
Bearish if lost 52-50k
Good luck
we can see how the bulls are still strong and still have the upper hand here
We can see good signs like :
1– 50D MA restored again (great sign)
2– Weekly Support at 50k hold
3– Yellow trendline support restored
4– Price consolidate inside weekly resistance
5– good weekly candle closure
6– BTC Dominance lost important Support
All theses signs will support the price and overall altcoins market and i expect a retest for 60k resistance zone in this week
My hope is the bulls continue to show their strength and hold above next resistance 58-60k
Summary:
Good as long as holding 55k
Super bullish after break & hold above 60k
Bearish if lost 52-50k
Good luck
