BTC/USD is preparing for a Rally Higher at any time. Our Proprietary Oscillator is showing a large Positive Divergence and it appears that price is preparing to follow the Oscillator higher. Note since February our Oscillator has crossed temporarily above the ZERO line 3 times now. The first crossover only stayed positive for 3 days. The second crossover stayed positive for 2 days and now this third crossover has entered it's FIFTH day and the oscillator is still climbing as of right now. The first strong resistance would be $46k and price should be able to hit resistance then consolidate for the bigger move higher. After consolidating at $46K then price should be able to get to $52k in a short period of time. If/when price breaks $42,500 then shorts will start to cover propelling price to $46k at a minimum.
