BTC is holding its February 2021 resistance turn support successfully twice at around $46k and volume is building up.
BTC had formed a falling wedge and currently broke out of it. BTC in the short term may surge to $53k.
We can see that buyer pressure is strong at $46k so we may not pullback to a lower level.
MACD indicates that BTC is doing a reversal currently and so the price is probably going up.
BTC had formed a falling wedge and currently broke out of it. BTC in the short term may surge to $53k.
We can see that buyer pressure is strong at $46k so we may not pullback to a lower level.
MACD indicates that BTC is doing a reversal currently and so the price is probably going up.