Critical point for BTC on the daily for the start of this week.
* RSI trend line, break to the upside (green arrow on the RSI); BTC holds local bottom support (20-30K region - green arrow on BTC price chart) and we might see a price rally to 40K (watch for the 200D SMA).
* RSI trend line, hold as resistance (green arrow on the RSI); BTC breaks support (20-30K region - green arrow on BTC price chart) and price may be on it's way down to the 200W SMA.
* RSI trend line, break to the upside (green arrow on the RSI); BTC holds local bottom support (20-30K region - green arrow on BTC price chart) and we might see a price rally to 40K (watch for the 200D SMA).
* RSI trend line, hold as resistance (green arrow on the RSI); BTC breaks support (20-30K region - green arrow on BTC price chart) and price may be on it's way down to the 200W SMA.