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For some time now, Bitcoin has been reacting to the Fed's mone | TrendUpdate

For some time now, Bitcoin has been reacting to the Fed's monetary policies, which seems to me to be contrary to what Bitcoin should mean, but whatever...it reacts, so I deal with this..

Yesterday, after FED speech, Bitcoin has reversed from 46500 and has made a run above 49k.
Although this is not bullish yet, is a strong sign that a genuine reversal could be in cards soon.

Technically, Bitcoin needs to pass above 52k to signal that an important bottom is in place, and for it to become bullish, needs to get back above 51-52k...