KCS/BTC - KuCoin at a CRITICAL level! 😲

The key resistance at 5k satoshi seems to hold so far, but KCS could break it again.

Bulls really have to turn this level in support to sustain a possible rally that would outpace and outperform BTC.

For now, the KCS/USD pair (see below) is bearish, but KCS has managed to make a higher high versus Bitcoin not seen since 2018! This is significant.

The MACD is also bullish, but momentum is a bit weak for buyers right now. Best to be patient here and wait for a clear signal.

I am neutral on this price action and we need more time to get a sense of the next direction vs BTC.

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