Why I Watch $ 20,000 —— Bitcoin from the weekly line

Bitcoin rose from its 2018 low of $ 3,128, or nearly 20-fold after 122 weeks. This increase performed the best in the same cycle, among large financial markets. But a lot of people also want him to continue to perform well, so we will look from the weekly line, whether they will get it.
First, the weekly macd has been running for two months after its death crossing in April and shows no signs of improvement. The average system, After falling through the ma18,currently looking for support near ma36. Readers who read my articles should know that macd + ma18 is the right-hand trading strategy I ' ve been highly advocating. You can also review and look at historical trends and what happened after macd formed a short trend and the price fell below ma18.
From the right trading standards, the current operation should be a short trend. But how long this trend can go, whether it will form a long-term bear market, depends on the next rebound trend. ma18 is a very important indicator, I have written articles before, interested to check out the historical articles. If the rebound cannot break through ma18, means the next market is a bear market. The goal of the adjustment should theoretically be the early high, near $ 19,800 in 2017, and ma144 is also moving up, I believe the average is also attractive to the currency price.
To sum up, if the currency price does not break through the ma18,, then the adjustment target of the weekly line level, it should be around $ 20,000. Of course, the adjustment will not be a straight line, there will be a rebound, But don't rush to enter before breaking through the ma18.