Great move of bitcoin to 48,300 after breaking descending triangle and retest, which was formed from 22nd Sep to 30th Sep.
Now price is consolidated at price of 47,300 and 48,300, no I accept it to move further to 51,300 strong resistance.
Technically here 20MA has crossed 50MA and 50MA is below 200MA which shows strong trend is still bearish.
There will be a change as price moves further above 51,300.
Now price is consolidated at price of 47,300 and 48,300, no I accept it to move further to 51,300 strong resistance.
Technically here 20MA has crossed 50MA and 50MA is below 200MA which shows strong trend is still bearish.
There will be a change as price moves further above 51,300.