BTC Analysis on the 2 hour timeframe

As you can see BTC has hit resistance; one is the 200MA (Moving Average / the Blackline) and the other is the downward trend line (the thick green line). It has tried repeatedly to go over the 200MA which now is exactly touching the trendline creating heavy resistance. A good heavy push is needed otherwise BTC will start moving down soon. A violation of the trendline (meaning closing more than 3 candles above it) will signal a move up. BTC has to make a move soon since we are running out of space between support and resistance.