The old guard is exiting. The new customers seeking wealth are very techy...
CLN19 is seemingly approaching a demand area near the psychological $50 mark. The 45º line coming from 0 of the previous major high was touched yesterday and this is expected to support the price around this level. Looking for long entries seems reasonable at this point.
According to my calculations, it will be very good for the whales to close the month in this box in order to draw a local hi in Bitcoin in June and go away for a couple of months for a correction or a flat. In this scenario, we are waiting for the almost two-month altcoin season.