BTC 3-31-19 thoughts

31 Mar 2019

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.

31 Mar 2019

Not

The fib levels will act as massive resistance, which will need incredible bullish volume to break through.