There was an expected and perfectly healthy retrace.
It broke out of the falling wedge that this retrace created. The MACD has crossed bullish. There is a hidden bull div as well.
Bitcoin will likely keep going. As I see it, the next resistance of $17k is still in play.
It broke out of the falling wedge that this retrace created. The MACD has crossed bullish. There is a hidden bull div as well.
Bitcoin will likely keep going. As I see it, the next resistance of $17k is still in play.