BTC has been going up together with the stock market and gold since January, still i think BTC and the stock market will be considered correlated since traditional gold will attract more cash. I know this is against the current trend but I think panic in the markets will scare some money away from Risk assets like BTC so i think there could be some chance we could...
Looks like a huge bear market rally up to the .618 fib level, if it doesn't hold 7500 (T1) bull market ideas are off and it will likely break down to the 3000's or even lower. Will it touch the 100ma at 2100?
False breakout over the 50ma resistance
weekly 13 TD sequential
macd still very open on monthly
daily td 13 11th of may, so this would be the top.
6000 floor is now resistance
should find support on 4000 after 3-4 weeks