BTC took well support on the EMA 200 and fibonacci 0.618 level.
The macd made a crossover and RSI is almost above 50%.
We can assume bitcoin wants to move higher.
If we break the descending channel, bitcoin will try again to break the ATH.
When we get rejected at 18800, price will go down and we will slowly bleed to the 17000 area.
Be patient and wait for 14k > It will be the perfect buy oppertunity and give the market some time to breathe.
The macd made a crossover and RSI is almost above 50%.
We can assume bitcoin wants to move higher.
If we break the descending channel, bitcoin will try again to break the ATH.
When we get rejected at 18800, price will go down and we will slowly bleed to the 17000 area.
Be patient and wait for 14k > It will be the perfect buy oppertunity and give the market some time to breathe.