Bitcoin is looking very good as of right now, we are currently sitting above our 0.2 FIB level! Which is actually 1 Level away from our ATH! If we do get this close secured I would expect to see some more upwards movement. I think we are going to see a very positive April for crypto and markets in general after having a pretty slow march, which I personally view as a healthy correction/ Shakeout. We see our Ichimoku is still printing support clouds and our coppock curve is starting to reverse after being in a down trend/wave. Our RSI is looking nice pointing up above the 50. point showing an uptrend, i do notice we see it is almost becoming overbought but that makes perfect sense considering there is a good chance we get rejected first try off the ATH resistance. I think that break is only a matter of time though! NFA just my opinion.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.