Moving Averages define the future of bullish scenario on BTCUSD

٢٦ أبريل ٢٠٢٠

MA50 was important resistance for BTC on daily to start bullish movement at 22th April and MA100 seems next resistance for price increase as well. I think it won't be easier to break MA100 than MA50 however it might be a beginning of a bullish movement stronger than 22th April's. On the short therm, I am expecting a pullback at 8k to ascending support level.