currently a rising wedge can be seen in a 4hr chart, the resistances are coming in around 50450 to 50790, if breaks the resistance line then the technical price will be coming in around 55400 and the supports are coming at the range of 49125 to 49650, if breaks down the support line then the technical price will be coming in around 44500.
WE ARE IN CONSOLIDATION PERIOD WITH INSTUTITIONAL REMOVAL FROM EXCHANCE THE PUSH TO 70,000 IS COMING. THERE WILL BE 55000 AS A BURST SPOT AND AGAIN AT 61000 AFTER APRIL 9TH. FOR MORE INFO AND READ OR COLLABS PLEASE CONTACT ME.
Interesting looking chart for BITSTAMP:BTCUSD On the 4 hour chart the 50 & 100 day moving averages crossed up through the 200 day moving average. I guess you could call this a double golden cross. If BTC follows along what seems to be a trend that is not yet exhausted based on RSI and MACD, it could hit the .236 fib Retracement level or roughly $55,000