BTC Positive. Bull charged.

Everything looks positive right now for BTCUSD as far as the technical indicators go.

Beginning of "E wave". (ABCDE)
50day MA about to cross 100day MA.
MACD turns bullish (Orange crossed blue).
RSI uptrends.

8900 and 9800 are important levels to keep an eye for in the next few weeks.

8900 if broken confirms long-term bullish signal. (By 16-20th June)
8900 if bounced 5400 is in range. (By Mid of July)
9800 if bounced down can result in short-term correction. (By 2-6th July)
9800 if broken prices can reach ~12250 (By Mid of July)

Thanks for your time.
Happy trading.


Personal Request.
Hi guys,
I am a crypto enthusiast and a Data Scientist(underpaid Indian) I have been active in crypto space since last August and I have been active on tradingview for more than 6 months now.
I have recently quit my full-time job to pursue my higher studies which starts in September. I have been struggling with my finances required for it.
I kindly request you all if possible please do make donations to support my education.
Every drop helps. Please do make even if it is as less as a dollar. I am in a shortage of about 3700 Euros.

You can reach me at [e-mail]

Thank you and I promise to post technical analysis and share my knowledge atleast once every week.
Please accept my apologies if the above personal request was inappropriate.

Donations:

BTC - 34kiRPBp6pa71NUmr8NUfKuTqZk6fZPjHm
ETH - 0xbacc83435b5576683fa151b6b794287fdf98a80e
LTC - LWoRHbfL4CGgmeBQ1cMjsWFwthECKbtWWW



This analysis is solely based on my knowledge and understanding of the market and not to be considered as financial advice.

Comment:

Back to the sand after a feeble bounce at 6900. This is not the right time to invest. This is clearly waiting time. Another week of emotions will decide the action.
5100 - 5400 is still within reach.