BTC has been flirting with the $53,000 level for just over a month (yellow line). This level was resistance for a while (red dots), but has recently been a strong level of support (green dots).
The consolidation seems to be coming to an end (blue line). We should see BTC break-out to the upside in a week or two.
The consolidation seems to be coming to an end (blue line). We should see BTC break-out to the upside in a week or two.