Bitcoin has tested a previous resistance as support

Bitcoin has tested a previous resistance line as support here at 97,000 USD.

This has occured at the same time as a short term diagonal support. so things are looking favourable for now. Short term SMAX is sitting nicely at >50, so a good time to add to your SMAX position.

Marco: Mcro remains positive with the post trump confidence, interest rates over their peak with weak data suggesting they will need to continue downward.

Cycle: We are late into the bull cycle with the second half pump on its way, best to maintain position long to ensure we capture it.

Levels: as above, we have confirmed a small previous resistance line as support and with short term smax looing favourable >50%.

Momentum: we are still in a short term bearish momentum, within a overall marco long momentum, I don't expect the short term bearishness to continue much longer.

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