there's no point in trading now, we all have better things to do instead of staring at this chart with pointless TA's. i think that even with a brutal drop btc will not have the bounce it previously had. not even a bounce from 6k will get btc back to 11,7k so i think nothing big will happen after btc will pass the crossing point of the 2 trend lines, will continue to trade sideways and slowly slip in a downtrend. let's get back in a few weeks/months, in the meantime let the whales eat each other.
The King Maker is coming. Jack Dorsey attending Consensus in May. The King Maker will bring the markets back. Goldman Sachs bought Poloniex and they want the best prices. Market cap will go to $2-3 trillion. Now is time to prepare your cash and accumulate. The King Maker is coming! Wall St. wants in soo badly. Ripple XRP will go to $10. Think long-term. The current whales are rich kids and nothing compared to what's coming!