#Bitcoin is in a Pressure Cooker Progressing in a descending channel for almost two and a half years, #BTC is now sandwiched between the upper line of the channel & the 200 weekly SMA. One of the two will have to give.

#Bitcoin Bullish Engulfing Candle (6M) #BTC is well on his way to close a 6 months bullish engulfing candle. When it happened in past cycles, bear market was over. One month left before closing.

#Bitcoin is at the start of a New Bull Market May is about to end & #BTC is still holding its 38.2% Fibonacci retracement level. It looks promising. #Bullish

#Bitcoin 1st STOP (M) The 38.2% Fibonacci retracement level also known as the "1st Stop" will give you a hint on whether a trend is over or not. Usually when price closes above it, the trend can be considered over & a new trend can start. #BT

#Bitcoin Nothing Unusual #BTC has this habit to react when approaching the top of the Gaussian Channel. Pausing or getting rejecting from it before resuming its course. Nothing unusual.