BTC bulls being squeezed but 10k in sight.
Price and MACD are coiling in and look set to break out before the day is done. The bulls grip is weakening slightly but 10k is in sight if the price can rise out of the triangle. Current moving daily SMAs are lining up perfectly along the big evens of 8k (50 day) 9k (100 day) and 10k (200 day). I believe the direction of movement out of the triangle will setup the trend for the week and subsequently the month of May which starts tomorrow. Chips are on the table, support and resistance is strong. We're just awaiting the volume and movement now.
Join our Discord :D discord.gg/YPuUkqKe5V
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.