In the graph I see a possible path for BTC.
The quick wick option to remove long positions can hit just under $ 37,000, so be careful where you have a stop loss.
Possible start at weekly closing (April 24)
Reasons why I see such a path:
1. Termination at the psychological threshold of $ 50,000.
2. Saying on the stock exchange -„Sell in May and go away“.
3. End of cryptocycle, Bull has long crossed the finish line (in this cycle)
If you see a possible other path, please write in the comments.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.