Technical analysis: #BITCOIN (Monthly update)
* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame.
*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance for further Upside movement ..
*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish//
* RSI is Trying to break the Down Trend line, if price could break it then it will take momentum from here..
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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed