Bitcoin is bouncing off a long term weekly trend line. There is a also confluence of support line around 38k. Looks like a we are going to come out of the re-accumulation phase of 30-60lk. Expecting a break of 60lk in next couple of months and to new all time highs.
Bitcoin struggling to break the 19400 resistance, usually the ascending triangle breaks to the upside in the bull run. But looking at RSI the move is losing momentum. I can see a retest of the 16200 level before Bitcoin makes the next move.
