BTC really needs to close above the 50 day MA (Moving Average). Historically it has used this average as support.
I dont see a lot of Bear Volume coming in which is a positive sign BUT if we close below the 50 day we may see the bear's take over and the next MAJOR milestone is around the 10100 range 100 day moving average and a MAJOR physiological support
We also got a bearish MACD crossover on the Daily so Caution is advised at the moment.
Can the Honey Badger strike back :)
I dont see a lot of Bear Volume coming in which is a positive sign BUT if we close below the 50 day we may see the bear's take over and the next MAJOR milestone is around the 10100 range 100 day moving average and a MAJOR physiological support
We also got a bearish MACD crossover on the Daily so Caution is advised at the moment.
Can the Honey Badger strike back :)
