Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.
As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!
Continuation if green candles make us to believe that we are in bull market and we fan find that tremd is going good and it doesn't look like a bull trap so we can trust and invest as soon as possible.As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.
As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!
I will one resistance idea. In my price speculation this how bitcoin price chart will operates in coming days.
If the bitcoin reaches the 8.4k resistance value then bitcoin will reach the 9.2k USD for sure in the marketplace. So wait for sometime check the price chart frequently. If there is growth over that 8.4k price with more green candles then surely you will make money.