Bitcoin Has Bullish Weekly Candles
After closing of last week, Bitcoin got another bullish candle on weekly chart. There are lots of bullish candles on weekly Bitcoin price chart. This is why Bitcoin price pumped at the beginning of new week.
Here you can see weekly chart of Bitcoin. I circled the bullish candles on Bitcoin price chart. Even Bitcoin price entered price correction after touching 74K, Bitcoin got two bullish weekly candles..
Here you can see weekly chart of Bitcoin. Bitcoin supported by 8-week moving average two times. After supporting this movinge average Bitcoin got big green candles.
Yesterday I shared a post and said Bitcoin Price is Waiting Solar Eclipse to Pump. Today is the days of Solar Eclipse and Bitcoin price reached to 72K.
Here you can see 4-hour chart. Market maker waited for solar eclipse for Bitcoin price pump.
I drew downtrend lines on RSI Indicator. Bitcoin broke up this resistance.. So, it is time to go up for Bitcoin..
You can see what happaned after this breaking...
Bitcoin price seems bullish on weekly chart. Bitcoin price broke up the resistance in shortterm chart. So, We may see bullish days.
This is bullish scenario for Bitcoin price chart. Even we made bullish scenario, Bitcoin price may enter price correction after halving..
We will see...
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Very good analysis we are already close to the halving and we are all in the expectation. See you later, have a great week.