Bitcoin Bullish Retest?The 50 day moving average and the 100 day MA look close to crossing the 200 day MA... the same type of crosses that occurred during the last 2 parabolic bull runs. Also it looks like our bottom ends up perfectly with the 5th wave in our descending Elliot wave formation. We then accumulated and broke our 6 month descending resistance and are now looking for a retest. Also our RSI looks like its ready to test one more time before rounding back up for a bull run; entry position 7.8-8k. Look to break out at the end of January and test 9-9.1k then 10.5k and finally 12.5-13k that should take us to the halving where we will have new price discovery.
