Bitcoin - Time for a refill ?Exactly as the last time, im going to refill at the fibo retracement lines (already did for the 0.786)
- watch out for the weekly 200MA at ~25800
- watch out for the daily 200MA at 0.382 fibo ~21400, note that the last time, BTC went up from those numbers (10th March)
- IMO we're not gonna see 31K again before crossing this upper channel line, the purple area
Cheers
XTC
Zooming out from Bitcoin shows there's far more upside to come.Forget about RSI and MACD and Bollinger Bands. What is the product? What does it symbolize?
Bitcoin will continue to grow, look at the steady sustainable growth when delete November 2017 bullrun from the equation.
If you are not buying at these prices I feel there will be a lot of regret in the future. We may go back to 5k-5400 range in the coming weeks but the move is certainly up in my opinon.
Good luck out there, stay informed and stay hydrated.