@mrmasa
Bitcoin & Macro Market Analysis - April 28th
$BTC/USDT Daily chart.
The candle bar finally made bull breakout against the yellow bear trend line. This is good.
Currently, the yellow horizontal line and the sky-blue bear trend line works as a resistance line now.
Considering the move of RSI, I am thinking that this bull move might continue for one more week before the next FOMC because RSI has not formed the bearish divergence yet.
But, to achieve this, S&P market must keep bullish or no big move for a couple of weeks from now.
For more detail:
https://orblabs.ventures/104451/
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