BTC Testing 40K USD Without Resistance!

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A few minutes ago bitcoin prices tested 40K usd. I said that it will make the bowl pattern when the price is just 28K USD but did not encounter any resistance after the bowl formation. It is a bit of a doubt. Looking at the weekly chart, the RSI is at its highest level in history.

Ekran Resmi 20210107 20.57.02.png

The trend line below can be followed on the hourly chart.

Ekran Resmi 20210107 21.07.06.png

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What interesting times. I wonder when we will hit 50k cause I am sure sooner or later this year we are going to get there.

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