BTC 10 weeks consolidation period about to end

20 mar 2022

the pattern is clear. looks like btc is enjoying inside the channel with series of HH HL we might see a new higher high this year. its just a matter of time lets analyze one by one. after 10 weeks of consolidation period btc sell side pressures getting weak its crystal clear on MACD. the logic says after a long periods of consolidation we should expect a reversal. in order to come back a bull run btc must close above the resistance at 43.200 and reclaim the 50EMA as a support for further continuation


thanks for reading