As I mentioned in my last TA, for BTC to continue macro bullish trend buyers had to push the price above weekly 200 MA. Couple of days later the price is already above that simple moving average. Weekly close will be very important, if bulls can keep the price afloat we will have nice capitulation painted bottom, confirming 3k with a higher high of 3,8k.
On smaller time frames we are exactly at the very important resistance, so some short term plays downwards could be expected.
On smaller time frames we are exactly at the very important resistance, so some short term plays downwards could be expected.
