BTC next weeks movement between weekly MA 20 and MA 50

BTC next weeks movement between weekly MA 20 and MA 50

Bitcoin / Dollar BITFINEX:BTCUSD


There is a weekly bearish pennant forming between the MA 20 and MA 50 (weekly). If no other surprise occurs, a natural drop from those level will come towards end of May. If this will happen it will probably find support in the weekly MA 100 which hopefully will bounce back to the 10k zone