The weekly is looking promising, can we break 100k in 7 weeks? Absolutely!
Not a good start for the weekly. Let's see if this paints a higher low.
Patience is indeed a virtue. ETFs should make for a less bumpy ride than previous cycles.
Let's hope for 40K in a couple of weeks. Trend is your friend.
What was a W is turning out to be a cup and handle. GBTC unlock was indeed a nothing burger
July 19 GBTC unlock a nothing burger large purchases made May and June 2021, more Latin American countries like Paraguay looking at buying BTC.
downward channel, triangle breached, nice upward trendline, 20MA crossed and 50MA crossing 200MA...just when most predicting doom, we're headed for 40K
Jan ATH 42K Feb ATH 58K Mar ATH 62K Apr ATH ??? Bitcoin didn't come this far just to come this far....
Remember where we were just last month, 42K was the high before crash, now we touched 50K before small pullback, will smash through 50K soon, lower lows switched to higher lows 50 still over 200 SMA, bullish...
50 still over 200 SMA, 50K plus soon
This beast does seem to behave inversely with BTC and ETH, but going long is a no brainer
We should be headed back on track with the blue trendline
Elon Musk pump got the 50 over 200 SMA, Microstrategy Bitcoin Conference was a success and keeping 50 over 200 SMA