Let's go right now. What happened during this time? Now, the Bitcoin has made a fabulous climb and has broken through several obstacles. This is enormously important for the further course of the Bitcoins since these serve now as valuable supports.
Was that the floor? Granted, I am slowly but surely on the bullish side. If we go through different indicators, these often indicate bullish divergences, which brings further support. This does not mean that there can be no new low. But it means that it is more difficult for Bitcoin to make a new low.
Currently the Bitcoin fights against the 50 EMA on a weekly basis and it seems as if he would lose the fight and will first correct it. This is also good, as it gives us new chances to enter later on. From below Mr. Presses the strong 200 MA on WEEK basis and I assume that this will decide the fight for themselves.
At the moment I wait until the Bitcoin corrected to position myself Dan Long. in order to tackle the next zone of resistance at around 6000. If we come to the 6500 sustainable, I see a very good near future for the Bitcoin and there is nothing standing in the way of the bull market that everyone is talking about.