BTC/USD Daily TA Neutral Bullish

BTC/USD Daily neutral with a bullish bias. *WEEKEND SELL OFF WATCH. BTC has tested 30k for 26 consecutive sessions now as bulls decide on whether to finally give it up or push it higher.* Recommended ratio: 51% BTC, 49% Cash. Price is currently testing the 50/50 uptrend line from March 2017 at as support for a 24th consecutive session; leading investors to speculate on how much longer this level will hold. Volume remains Moderate (low) and is on track to favor sellers for two of the past three sessions if it can close today in the red. Parabolic SAR flips bearish at 28k, this margin is mildly bearish. RSI is currently trending down at 43.50 as it breaks below the uptrend line from 01/22/22 (45) after being rejected by the descending trendline from January 2021; it is on the verge of retesting 42.41 support. Stochastic remains bearish and is currently testing 55.55 support. MACD remains bullish and is currently trending sideways at -1010 (beginning of a soft peak formation) as it is still technically testing -1435 resistance. ADX is currently trending down at 33.5 as Price continues trading sideways, this is mildly bullish at the moment. If Price is able to break out above $30507 resistance, it will likely retest the 50 MA at ~34k. However, if Price breaks down below the 50/50 uptrend line from March 2017 at then it will likely test $24180 minor support. Mental Stop Loss: (tight stop - one close below) 29k.