Bitcoin historically has been above the mid band of Bollinger Bands (21MA) but after the last downtrend it is struggling to break above it. Critical area for the continuation of the trend, could go either way.
Trade active:
The touch has been made, from now we will see if BTC will lose it's dominance/correlation with some alts which have potential utility - continue downtrend
or
BTC continues to climb up and taking with it the entire market, which will mean the break of the correlation will happen later in summer.
or
BTC continues to climb up and taking with it the entire market, which will mean the break of the correlation will happen later in summer.
