BTC: decision time, can it get above 11-year trendline again?

13 May 2021

BTC is right at the decision point now. It is retesting the 11-year trendllne (see my previous ideas). If it succeeds and can make support, then it is looking very positive and I expect we will move up quickly. If not, expect a drop down to 36-38k levels.

13 May 2021

Not

Current above the trendline, making support. W visible on 5m timeframe with a technical target for ~ USD 51500. Things could go up quickly from there.