This price action is quite interesting. BTC made a higher high (see yellow arrow) and on this 3 Day timeframe, the MACD did a bullish cross...
THIS IS SIGNIFICANT.
We may witness a massive trend reversal here. The last time we had such a bullish cross, BTC rallied around 60%!
OBV also turned bullish and buying pressure seems to be sustained... hmmm...
Is BTC going to attempt a rally to the all-time high!? Let's see.
It could be a fakeout, but with institutional investors buying BTC left and right, I can't see us dropping much more right now.
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