#Bitcoin new ATH incoming ?

The current consolidation looks a lot like what happened last year when Bitcoin stayed in a range for several months.

The first bullish MACD crossover gave a weak signal, causing a short term pump, but price couldn't break out of the range.

However, the second bullish crossover led to a breakout and a strong price increase.

We might see the same pattern play out again. The first signal was weak and created a short-term bottom, but the second one might lead to a real breakout and a new ATH.