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BTC: Bitcoin vs the 20W MA + Weekly RSI Breakout

Long
Bitcoin (COINBASE:BTCUSD)  
LA_Designer  
COINBASE:BTCUSD   Bitcoin
Trend Analysis BTCUSD
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trendanalysis btcusd
BTC is currently contesting the 20-week MA (white) as resistance. A weekly close above it would then contest the 200-week MA (red) at around $24K.

The weekly RSI has also broken both downtrend lines of resistance, depending on how you draw it.

Bearish only if BTC gets a weekly close below $17.6K
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