Macro trend line resistance test, a close above could signal a long entry, and a break of the downtrend. Possibly returning bullish sentiment to the cryptocurrency market. Historically, May has been a good month for BTC, with a 4 year trailing average of +31.6275%.
May 2014: Start 448.24, End 613.92. +36.96%
May 2015: Start 236.58, End 235.95. -0.27%
May 2016: Start 455.15, End 521.74. +14.63%
May 2017: Start 1304.91, End 2286.1. +75,19%
May 2014: Start 448.24, End 613.92. +36.96%
May 2015: Start 236.58, End 235.95. -0.27%
May 2016: Start 455.15, End 521.74. +14.63%
May 2017: Start 1304.91, End 2286.1. +75,19%