🔥 Bitcoin: Will The Bull Trend Hold?

BTC has been looking quite bullish over the last week or two. However, BTC has been selling off quite hard since a day now.

The bottom support line has been holding on several occasions now, so it's gonna be key that this support will hold. In case of a bullish reversal from this area, look for a >21.5k target. In case BTC falls through the support I'm aiming at 20k.

Seeing that BTC has successfully broken through the 20-week SMA I'm overall relatively bullish. The indicator has historically been very accurate in predicting bearish and bullish times.