Bitcoin's current bull run may have an abrupt end. Here's why:

One way to trade with MACD is by drawing support and resistance levels to help identify a trend change once said level is hit. Take a look at the daily chart of bitcoin against MACD. Since the beginning of 2018, BTC/USD's MACD has been trading under a resistance of 425. And it is sitting right on resistance. This is scary considering this level has been tested a few other times and has rejected MACD down to well below the center line(And subsequently price dropped greatly over the past months). I am weary on the long term side of things on the next few days for Bitcoin. However, we shall wait and see what will happen. Maybe a spike in volume occurs and resistance is finally broken. Anything could happen right now. Either way, short term still looks fine. Please tell me what you think of my analysis and anything I should add/take away from ^ chart. I myself am a new trader and excited for what this market holds!