Bitcoin Price Analysis (24th-April-2018)

With the Resistance zone = 9,058.15 - 9,188.56 now broken, there is no other barrier on 1D before 9,911.40 and eventually 11,780 (1W 38.20% Fibonacci). This will not be delivered on a straight Channel Up, but will print pull backs, which should be bought. The volumes remain very low (35K on average) clearly illustrating the demand levels. The O/B levels on 1H and 5H (75.00 < RSI < 76.248) and Williams below -10.00, do not mean much on that bullish run, but the 1D STOCHRSI = 100.00, Ultimate Oscillator = 71.252 do towards the MA50 period (8,146.50 - 8,332.50). Until early June (always according to the previous bear cycle pattern), every dip is a long opportunity.