COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is finally in an uptrend, the RSI was indicating that since the 23rd of May, we had been having bullish divergences for almost a month, if we continue this uptrend we could maybe avoid the death cross, things are looking better now but we are not out of danger yet and we could be making resistance in the 8 Weekly EMA at around 42k (it was acting as a support in all the bull market), we need to be on top of that one and the 21 EMA to start our new super Cycle maybe, today we also been making strong resistance in the 200 daily EMA , so we need to pass that line to continue with the uptrend too.


Nice work! Appreciated!
+1 Reply
Cryptolover333 greenowfamilia
@greenowfamilia, thanks so much😀
Beautiful stuff mate.
Awesome work. I would say that it is very hard for btc to avoid the death cross now less goes back up to 50k in the next few days. we are replacing a 50k+ bar with a 40k bar for the 50 daily EMA pulling it down
@TK_0, Thanks a lot, I very appreciate this comments.