BTC Weekly Long prediction
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
I’m noticing a very bullish upcoming month on the weekly chart, the MACD just turned positive and the Stoch just touched the bottom 20 mark.
The daily chart however seems bearish with the stoch going over 80 and the MACD is about to turn negative.
I can see it retesting 39k based on a lower low trendline and bouncing from there.
It also is fairly undervalued in the stock to flow chart and waiting to spike, relative to the upcoming halving that is, which you can see on the hash ribbon indicator.
