This upper yellow trend line was an extreme resistance during the 2017 bull run and was also the peak in the 2019 run...
One more leg down on the macro-logarithmic perspective before we see a reversal to the upside. RSI approaching oversold territory. Expect leg 5 to finish around middle of May to middle of June (Approx 88 level). Not financial advice. Enjoy :)
Looking at the logarithmic chart for bitcoin, with the median bull trend line. We have met the trend line multiple times, ... Is this weakening? Well with the DXY and Bonds increasing in price, id say we haven't got long before a big dip (This may be the last weekend to take profit before dip). Not financial advice.