Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
We appear to be consolidating well above rising support line (white) and previous ATH sat value. I expect to tighten here, resetting that daily RSI then another leg up before mainnet release on May 30.
My first published TA. I don't believe BTC has the necessary strength to push past the major resistance - yet. I think that most traders are still in too much fear of another anti-climactic drop and will be securing profits again as we nudge toward major resistance. This also appears evident when comparing to the 2015 fractal. How low will we go if the...