BTCUSD: Ahead of a historic moment.BitcoinCRYPTO:BTCUSDInvestingScopeBitcoin has turned bullish on its 1W technical outlook (RSI = 59.240, MACD = -187.300, ADX = 24.880) and is approaching a historic moment as it broke today again above its 1W MA50 and if it closes the week tomorrow over it, BTC's new Bull Cycle (its 6th historically) will technically begin. In that case, BTC shouldn't spend much time around the R1 Zone and by the end of the year might test the bottom of the R2 Zone (TP1 = 95,000). If it closes under the 1W MA50 for the 4th straight week, it will be a very bearish development as it will show strong accumulation of sellers. In that case, expect a test of the top of the S1 Zone (TP2 = 63,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##