BULLISH
Bitcoin Weekly candle closed above the 200EMA for the 1st time in a Long time
Mayer Multiple Still above MA
RSI up high
Sentiment Strong
PA currently getting rejected off the 1.618 - look back along this fib line, STRONG support once crossed, bounced to ATH each time previously
THIS is the hurdle Bitcoin needs to cross now. Once over, apart from what is mentioned above, this is the line that Bitcoin PA would likely hve remained on if the space had not suffered to much at the hands of unproffesional traders and Managers of projects
This line is HUGELY important fr PA t Cross, come bck to retest and then progress on.
Bitcoin Weekly candle closed above the 200EMA for the 1st time in a Long time
Mayer Multiple Still above MA
RSI up high
Sentiment Strong
PA currently getting rejected off the 1.618 - look back along this fib line, STRONG support once crossed, bounced to ATH each time previously
THIS is the hurdle Bitcoin needs to cross now. Once over, apart from what is mentioned above, this is the line that Bitcoin PA would likely hve remained on if the space had not suffered to much at the hands of unproffesional traders and Managers of projects
This line is HUGELY important fr PA t Cross, come bck to retest and then progress on.