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BITCOIN Bullish Cross aims at $21000 at least.

Long
INDEX:BTCUSD   Bitcoin
The MACD on the 3D time-frame is about to complete a Bullish Cross today. If the session closes that way, it will only be the 5th time since July 2021 of this occurence.

The past four events made Bitcoin (BTCUSD) rally on a minimum of +26.50% and maximum of + 65.15%. From the current levels, that gives a min rise at $21000 and maximum at $27500.

Even the minimum would put BTC above the 1D MA200 (red trend-line), which has been the strongest Resistance of this Bear Cycle, rejecting the price since the start of the year.


What do you think? Will this Bullish Cross push Bitcoin to at least 21000 and if it does, will the 1D MA200 break-out be the start of the new Bull Cycle? Feel free to let me know in the comments section below!


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