BTC Daily Update 14 May 2021
BTC is holding its February 2021 resistance turn support successfully twice at around 
46K and volume is building up.
BTC had formed a falling wedge and currently broke out of it. BTC in the short term may surge to 53k.
We can see that buyer pressure is strong at46K so we may not pullback to a lower level.
MACD indicates that BTC is doing a reversal currently and so the price is probably going up.
46K and volume is building up.BTC had formed a falling wedge and currently broke out of it. BTC in the short term may surge to 53k.
We can see that buyer pressure is strong at
46K so we may not pullback to a lower level.MACD indicates that BTC is doing a reversal currently and so the price is probably going up.
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