Bitcoin

Did you know current line of rejection was 1st used in Feb 2017

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The chart says it all
This is a chart I have used here iften but never zoomed out.

That line has rejected us 3 times now this cycle.
It was just once in 2017 but once Crossed, tested and held, it is a mighty line of support.
This maybe why the Bears do not want us to cross it......

But I have little doubt that Bitcoin has the ability to cross it....

There aew many reasons why we have not done so, Technical and Macro and I really am beginning to think that we will have a lazy Summer, ranging across, maybe reaching another small ATH before we really go for it in late Q3 / Q4
BUT, I could be wrong.
Just my opibion

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