For the second time in the recent bearish phase, Bitcoin is above the blue Ichimko cloud.
The question is: Like the previous breakup, is this a local top or are we facing a change in trend?
It depends on the break-up resistance of the $24,000-25,000 range. If Bitcoin manages to break up the resistance range, this could be a trend reversal. Otherwise, it will be a local top like last time
The question is: Like the previous breakup, is this a local top or are we facing a change in trend?
It depends on the break-up resistance of the $24,000-25,000 range. If Bitcoin manages to break up the resistance range, this could be a trend reversal. Otherwise, it will be a local top like last time