CRYPTO NEWS : BTC UPDATE 22 04 2018

BITCOIN UPDATE:

Yes, BTC -2.05% broke the resistance line, but it is not yet time to draw bullish conclusions.

First, there are two things that BTC should do:

1: With this dive: obviously going back to try the resistance line (around 8300). If you stay above BTC you will get another change to break 9K, which is also very important to break. If it stays above 8600, well, there's no need for this.

2: Break the green cloud (also 9K +) and stay on top. As you can see on April 24, the cloud changes to a big red one. The best case for BTC would be if it breaks 9K and keeps it before day 24 (when that closed entry closes), which is very soon. -2.05% -2.05% -2.05% -2.05%.

Option 1 is obviously the most important. Let's see how this develops.

You saw that BTC returned to try 9K twice more in the past. Once it went down a bit and then it passed easily.
The second time he could not hold it and he sank hard.
The first one is going to repeat itself.

In my opinion, bullish conclusions can be drawn if it stays above 9K, going to the next black line.