It is at the cross to go Green Channel, or Go Red Channel?
Let's see it might go Green Reasons:
1. Volume Drop while price drop.
2. Just a kiss 50 days SMA(DSMA), the second time kiss 50 DSMA (Last time is on 4ht Mar, 2019.) after 50 DSMA cross over 100 DSMA.
3. 50 MA close > 50 MA Open
Let's see it might to Red Reasons:
1. Buying interested low (Volume small)
2. Closed below 5 days average for 8 days. (Bear sitting on the driver seat, control the market direction to go down)
3. Bitcoin was unable to beat 150 DSMA, price drop lower than 20DSMA, too.
Our bias is it might go Green Channel. Buy from here, and set a proper stop loss at 100 days SMA.