BTC/USD - Medium Term Bull Trend

The Bitcoin prices has shown a marked reluctance. It has registered a devaluation since the highs made at the end of 2017, close to 20k. The breakdown of the 100 weeks Simple Moving Average ( SMA ) accelerated the devaluation, but promoted a period of accumulation near the 200 SMA .
Additionally RSI 14 breaking up the 30 level, its another significant bullish signal.

Target price @ 5780