Bitcoin on daily chart on the left: breaking above red resistance scd band .
After declines and get rejected from bottom bolinger on daily, price trying to break above red resistance band on daily
Red resistance band looses its strength as price breaks above and closed above- blue squares. So far price breaks above four times. Let’s see if bitcoin ready to break through and go higher ti test top bolinger on daily from here.
On the right chart: bitcoin in the long term support band on daily.
Getting rejected from bottom bolinger and now trying to test top bolinger.
Rsi above 50
Long term rsi above 50.
Let’s see how this will develop.