Time to GO LONG!
The price of BTC is following the path I charted in my previous post and is expected to make its next leg up to the 
46K-48k range within the next day or so, depending on how the weekly candle closes.
If the weekly candle closes above the 21 week moving average, this is an extremely optimistic sign of a continuation of the bull run. Also, the MACD on weekly TF is expected to make a bullish crossover any day now, which is very promising if this plays out.
As you may recall, the bearish crossover on the weekly MACD chart accurately signaled the beginning of the recent bear run after BTC hit a new ATH at 64k.
As there's no major resistance until 50k, I'm cautiously optimistic price will continue to climb in the short term.
*Not financial advice*
46K-48k range within the next day or so, depending on how the weekly candle closes. If the weekly candle closes above the 21 week moving average, this is an extremely optimistic sign of a continuation of the bull run. Also, the MACD on weekly TF is expected to make a bullish crossover any day now, which is very promising if this plays out.
As you may recall, the bearish crossover on the weekly MACD chart accurately signaled the beginning of the recent bear run after BTC hit a new ATH at 64k.
As there's no major resistance until 50k, I'm cautiously optimistic price will continue to climb in the short term.
*Not financial advice*
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