Sometime closer to 2020, somewhere between $38,600 - $40,000.
Historically BTC has always been trading above the 25MA on the weekly chart until the very last January downtrend, following the consolidation and struggle to break above it. BTC price action is also struggling to break above the 0.618 Fibonacci level, which is another confirmation of a weakness. Now looking at the fundamentals, it is no secret that the cost of...
Alright, 25MA is crossing above 50MA again, and the price action is trading above the moving averages again. As you can see when the RED line (50MA) is above the BLUE line (25MA) the price is in a downtrend, when the opposite happens we are in a bull trend again. Also on the DAILY chart XRP has touched the trendline and looking for a breakout soon, as you can...
Bitcoin historically has been above the mid band of Bollinger Bands (21MA) but after the last downtrend it is struggling to break above it. Critical area for the continuation of the trend, could go either way.