Right Now, BTCUSD is seemingly in the long term bull trend.
On 4H, We see a clear bullish divergence. Though the divergence alone is not a confirmation of a reversal and bull trend continuation, the fact that BTCUSD price is near the major trendline on Daily Chart as suggested in the previous analysis (), and piercing the resistance line on H4 combined give enough...
BTCUSD is currently in a long term Bull run. Currently, the asset is undergoing a decisive movement. The trendline shows we have almost bottomed out. A little downward movement further towards the 50K-52K level making our trend still valid on 1D Chart.
Since we are completing the 4th Elliot Wave , it is a very good chance to take a long position, managing the stop...
