As you can see in the chart, monthly is going up, and MACD is turning up. BUT... and this is very important to take into account, weekly is super overbought. That means it must go down again sooner or later.
I don't like the situation at the moment, to be honest. Maybe I'm wrong, but maybe not. If monthly MACD crosses below 0 once weekly starts going down, BTC will fall really deep..
That said, I hope it doesn't happen, but it can, so be ready.
This is just an idea. I'm not responsible of your actions.
@Flying_Tiger, This is just an idea, and everyone was pointing out this resistance.
You can't trust any idea even if it's said by a professional trader trading for 40 years. They also lose a lot of money, but then they earn a lot as well when they are right.
This are just possibilities and no one can predict what will happen 100%. I said BTC "could" go down, showing the possibility it kept going up.