BTC pathway bounce or pierce / beartrap

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Here is the chart with both MACD and Price showing a very similar pattern. Symmetrical triangles often represent a time phase of indecision. While travelling within the contracting lines, price needs to take direction. It would be interesting to see a higher low in MACD but a lower incremental low in price.

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Here is the 4 hr chart MACD for Bitcoin (BTC). Since December, it's been moving within two contracting lines and is getting closer to the Apex which currently sits on April 17th.

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RSI overbought , we might pull back wait for confirmation . gl

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say hi to the bulls :)

stabb

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