BTC perfect scenario daily

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
It would be perfect if we have a huge green day that takes us above the 21 EMA and 50 MA on the daily and start consolidating above these MAs. 6k is a critial point for Crypto charts in general. If we go below 6 k the alt coins are going to get demolished another 20 - 40 %, which will take them to 85%+ losses from the highs. If the bearish scenario happens i dont think that the crypto market will start a bull run any time soon. We will need to consolidate for atleast 6 more months.


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