BTC decisive move 23/25th April
Updated
BTC will make a decisive move around April 23/25th. It will either go up and break out at the end of this triangle or go down to form a new bottom in the 4000 area.
I believe BTC is already in an uptrend channel and consolidating right now to built an important resistance level and than confirm upside direction around 25/26th April.
I don't anticipate a mega breakout but it will close its downtrend cycle and start a new uptrend cycle. It will take time to rebuilt its value back where it was once, the longer it takes the more stable BTC we will have in the future.
I believe BTC is already in an uptrend channel and consolidating right now to built an important resistance level and than confirm upside direction around 25/26th April.
I don't anticipate a mega breakout but it will close its downtrend cycle and start a new uptrend cycle. It will take time to rebuilt its value back where it was once, the longer it takes the more stable BTC we will have in the future.
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BTC reached its decisive move excactly in the time frame I gave and everything it has to do is staying over 9350 what is its toughest resistance to break through and not falling under it again. If its keeps going than the Bulls are on.
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