in order for Bitcoin to repeat an ATH, the AD must breakout on the weekly using an 18/50 ema cross strategy , it will allow for an early entry into price action for that weekly spike. I circle the AD in green at the bottom and will be monitoring that going into the halving next week. if this breaks through than it certainly increases the odds substantially that the ATH will be repeat.
con side, if this AD doesnt breakout, then w/ 3 failures this will cause Bitcoin to tank
been bullish on Bitcoin since 5800, needs to clear 10800 a pivotal level near trend line resistances
con side, if this AD doesnt breakout, then w/ 3 failures this will cause Bitcoin to tank
been bullish on Bitcoin since 5800, needs to clear 10800 a pivotal level near trend line resistances
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