Recently I shared a chart for this pair where we mention consolidation, which is the orange area you see marked on the chart.
Now you can see the MFTBTC is above both moving averages the EMA10 and EMA50.
There is no and it recently hit a new all-time low.
The next move is about to happen and it is going to be strong.
Once you reach the bottom, the only place left to go is UP!