BTC - Possibilities for This Week

2023년 4월 26일

Note this is the BTC/M2 Money Supply adjusted chart.

We got a nice green BTC candle, but are still fighting a key resistance [purple].

A few outcomes:

1. retrace & bullish consolidation >27K
2. healthy retrace to 38 fib or 50 fib & 20/21w MAs
3. bullish breakout [weekly close >31K]
4. bearish breakdown [weekly close <23K]