Bullish Movements For BTC
We have been watching BTC as of late and the chart has met all of our criteria. Accumulation and “buying the dip” was the right move for this asset. The excitement continues! Let’s hop onto the chart.
So here we can see that we have broken an downward sloping that has been in play for months now. When something like this breaks, we tend to take notice. With the sloping resistance now broken, we need to hold that level and create a higher low for full momentum. There is lots or resistance up ahead, but we remain until proven otherwise. Also we have the crossing on the 3 day chart. This is important, as the is classified as a trending indicator. So we very well could be seeing the start of a new .