If BTC break middle 0.5 Fib or 50Weekly MA then Bullish sentiment otherwise Bear Market confirm retest of 50 Weekly MA.
It is necessary for BTC to touch 100k in this Bull Cycle for next Halving scenario
Market makers want to different shape in BTC, close below 50 Weekly MA and confirm then it would go for 200 Weekly MA and whole crypto market goes for huge bearish.
Note:-During 50 Weekly MA Cross, every time RSI still at the same level,current level are same.
40k is the critical area to watch, huge breakout or breakdown will be happen. Morning start in daily...
Another triangle formation, let's watch upcoming movement, if triangle support will validated then target will be achieved, if triangle support break down should be 14k in next 6 month.
This is not financial advise
If BTC stay to hold 200 Daily Moving Average, 50 Weekly Moving Average, everything will fine,
in worst scenario if broke 200DMA/50WMA then 28k is major support and also 20k, ready for One year bear market.
History already repeated many times, so wait and see the upcoming move, it will surely go for new ATH already week hand liquidated in last dump.