“The price is stuck below the 790 USD resistance (black). That actually seems like a good place for a mid-term sell. 910 USD that we mentioned in our last piece is safe for now and the long-term sentiment remains negative. „
When we see the price now we have to admit that it was kind of our mistake in the predictions. The price managed to break those two resistances quite easily. That definitely increased the bullish momentum and we should not be surprised now that since the 18th of April we had only green days. Since our last analysis, the price of the BTC almost doubled. We bow in front of this movement.