First of all I say that I am bull on #Bitcoin long-term
Regards the mid-term, situation looks bearish. The
distribution process looks similar to what we have back in
Dec-Jan 18 &
Jul-Sep 19. If I am right we should see the
resistances are becoming more effective for the price to react on them, just keep an eye on this phenomenon.
For those who look at the continuation of the mid-term bull trend, I would require the 49-50k resistance to be reclaimed, only in this case we return the bullish structure.
$BTC
