BTC
is currently in the process to head higher, there are multiple confluences on the weekly TF. Not only is there a bullish cross over on the MACD and the TSI, but it seems as though bitcoin has formed an inverted h/s pattern. Based off the fibs and the rules of supply and demand. BTC has hit an important point , and will most likely retrace to the .382 or .50 point in which both areas are consistent with being in the same zone as the indecision candle from the previous impulsive move. So expect more for bitcoin next retrace to >29-28k area, then start heading towards 40k. Remember this is on the weekly TF so it will take time to playout. Good Luck!!
#TeamBoomin 🚀
