The Pivot Point system is very close together. Not much momentum right now. Over the Easter holidays, there will be only weak trading volumes and may be no price movements or even erratic movements without direction. On the longer term, the price of Bitcoin will remain falling with erratic movements, but always below the blue dashed line.
This is a chart of the Bitcoin's price in USD of the last two weeks. We can see unusual patterns in it that makes it difficult to predict the direction of the price of the Bitcoin for the next few weeks.
While there is enough evidence to forecast a bullish development of the Bitcoin, the bullish forecast did not get confirmed. A triangle is a formation that is...
