$BTC - Time for the Leg Up?
2021-12-17

It has been quite some time since our all time highs of $69,000.
The Question now is whether we continue this downtrend or get back up.
I believe that we may be making a new leg up from this downtrend since all time highs.
We are seeing many similarities in the movement from the previous run from $40,000 to $69,000.
Previously on the MACD, we have seen 3 downtrends from the histogram before an insane move up.
Now, we are repeating this same pattern and now close to finishing the 3rd downtrend on histogram.
RSI is also similar in levels to the previous run. We had sat previously in the 30-40 RSI Level before Making a Huge Move Up.
We are now sitting at around 38 on RSI Levels. 
I truly believe that this is not the end of the bullrun. 
I believe that the $53k price level (marked in green) is crucial for bulls to regain in order for this bull run to happen!
We may be seeing a new leg up very soon! 
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