Look at the MACD there at the bottom
We have a MACD crossing over from an oversold position, below the zero bound.
This is textbook bullish indicator and means bitcoin is very likely starting its next leg up.
(Source: ~~~ embed:1280895290099355651) twitter metadata:UHJlc3RvblB5c2h8fGh0dHBzOi8vdHdpdHRlci5jb20vUHJlc3RvblB5c2gvc3RhdHVzLzEyODA4OTUyOTAwOTkzNTU2NTEpfA== ~~~
The last time we saw this trigger like this was in late March when bitcoin rallied about $4k over the next month and a half.
I suspect a similar move is going to play out here, taking us at least to $12k.
Maybe to about $14k.
What do you think?
Posted Using LeoFinance