A Brand New Week

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Bitcoin closed above it's 55 week moving average, it barely closed above but it still counts, so that's a good thing. Will have to see what happens in the week / weeks ahead and how the month of April ends.

For now this'll do but the price is in a neutral position, caught in an area similar to tug of war. The sellers and buyers are equal.

I don't have any data on it but just basing what I see in the daily action with all the cryptos, it's looking like there's a divergence between the tokens and the original crypto - Bitcoin. It's almost as if Bitcoin is becoming ...... Less Relevant? Hmmmmmm.... perhaps it's an illusion.

Bitcoin weekly new week control lines 55 week ema - 233 day ema- support resistance -April 8, 2018.jpg

Bitcoin weekly new week control lines 55 week ema - 233 day ema- support resistance -April 8, 2018 zoomed out.jpg

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A Brand New Week | Ecency