FelixKortney
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since May 25, 2021
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Bitcoin heading up to next important resistance point that is between 49k-51k. Here is why: + It will close the CME gaps at 49k + That is a 0.618 fibbonacci level of the movewave + We have strong momentum to the upside after long consolidation + Weekly candle really wants it ;) + Fear in the market will turn to the greed again, to rekt the emotional traders...
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The Purple Box is the consolidation zone. This is my buy zone. I think from here we will go to ATH in the next weeks or months. As long as we ain't breaking it to the downside- it's not invalidated. We can also see the RSI bullish divergence on Daily timeframe. That is a powerful sign that often indicates strong move to the upside.
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