1, 50 EMA in monthly chart rejecting in resistance area
2, 50 EMA and 200 EMA crossed each other in weekly time frame first time in bitcoin history
3, RSI in monthly time frame rejecting instead of cross each other
4, Price went up without any perfect price action
5, Market is still bearish I think it just pull back to previous resistance level or unable to make higher
6, Base on the price history price was down -84% which is close to recent price
Fundamental analysis One bitcoin=USD$10000 is still big or I think it is fair value
According to my simple TA analysis price would hit back level of USD $10000, its just the time matter
2, 50 EMA and 200 EMA crossed each other in weekly time frame first time in bitcoin history
3, RSI in monthly time frame rejecting instead of cross each other
4, Price went up without any perfect price action
5, Market is still bearish I think it just pull back to previous resistance level or unable to make higher
6, Base on the price history price was down -84% which is close to recent price
Fundamental analysis One bitcoin=USD$10000 is still big or I think it is fair value
According to my simple TA analysis price would hit back level of USD $10000, its just the time matter