#TechnicalAnalysis:
#BTC is holding 200 MA if it break this then Trend and Fibo. support will be at 6.8-7k
RSI: RSI told it is near it's bouncing area of history, it should bonce from here because 8k is strong support and RSI is near to it's bonucing zone if RSI Break down this support then this can cause major crash of BTC and BTC will be break it's bullish trend,
MACD: already shown General Bull Div. which is reversal sign of downward trend and now showing Hidden bull div. which can cause continuity of upward trend in long but if it break 6k then no trend support just horizontal nd fibo support will be remain which can cause long term sideway of BTC and ATH will be dream of Next Few Years.
We need a strong Fundamental positive news for BTC to hold it's support and start next leg up.
#BTC is holding 200 MA if it break this then Trend and Fibo. support will be at 6.8-7k
RSI: RSI told it is near it's bouncing area of history, it should bonce from here because 8k is strong support and RSI is near to it's bonucing zone if RSI Break down this support then this can cause major crash of BTC and BTC will be break it's bullish trend,
MACD: already shown General Bull Div. which is reversal sign of downward trend and now showing Hidden bull div. which can cause continuity of upward trend in long but if it break 6k then no trend support just horizontal nd fibo support will be remain which can cause long term sideway of BTC and ATH will be dream of Next Few Years.
We need a strong Fundamental positive news for BTC to hold it's support and start next leg up.