BITCOIN – 17 Apr

It did came down and almost tested the previous low near 4900 zone. Getting more tight on space between the bottom of bear flag and the MA acting as top resistance. Next we will see the breakout down side soon as it get heavy. As mentioned for it to go higher, it would be good to retest the 200 MA on daily and bounce off that. The previous round in 2014-2015 it retest 200 MA and dip below before the bull run starts.

News: (Current) | (Upcoming)

Short term moving average (day candle) :
Network Value to Transactions Ratio :109
Total marketcap :173
Dominance :52.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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