BTC 10 weeks consolidation period about to end
BTC/USD COINBASE:BTCUSD
the pattern is clear. looks like btc is enjoying inside the channel with series of HH HL we might see a new higher high this year. its just a matter of time lets analyze one by one. after 10 weeks of consolidation period btc sell side pressures getting weak its crystal clear on MACD . the logic says after a long periods of consolidation we should expect a reversal. in order to come back a bull run btc must close above the resistance at 43.200 and reclaim the 50EMA as a support for further continuation
thanks for reading
