This current bounce feels like short squeeze and fomo. I think it will end at the latest when meets the 50 period MA and heavy resistance. Towards summer i believe the course of bitcoin will be along or between the blue and orange paths.
This current run feels like short squeeze and fomo, and I believe this bounce up will end at the highest where 50 period MA meets heavy resistance. I believe the course of bitcoin towards summer will be somewhere along or between the orange and blue paths.