BTC 3-31-19 thoughts

bitcoin thoughts. Current price is $4081. We are finally ranging above the daily downtrend line since early 2018. ETF decisions were delayed today (go figure.) 50 day EMA is acting as a nice support. Volume for a push into 42/4300 area hasn’t shown up. If BTC can claim and hold 4300 and then 4600, this would be incredibly bullish to me. TD seq weekly is an 8. I believe we are heading down to low 3900s, high 3800s before a push back up. Volume just isn’t here yet for a push up, but I dont see the bulls letting go of this area past high 3800s.

Published at Sun, 31 Mar 2019 05:23:29 +0000

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