Weekly Green Candle After 6 Red Weeks on Bitcoin Price Chart

Bitcoin price got weekly green candle after 6 weekly red candles. Even Bitcoin price started the week with huge daily candles, Bitcoin price reveresed down from great resistances. There are great resistances on Bitcoin price chart. Previous support line on Bitcoin price chart works as great resistance now. There is ascending channel on Bitcoin price chart. The top level of this channel is great resitance for Bitcoin price.

Here you can see weekly chart of Bitcoin price. Bitcoin price reverdedn up from 200-week moving average. This week Bitcoin price reached 8-week moving average but It reveresed down from this average. 8-week moving average is important level for midterm.

Here you can see the indicators on weekly chart of Bitcoin price. There is great downtrend line on RSI Indicator. It should break up to enter bullish season. Fisher Indicator has same downtrend line. It is close to bottom and trying to reverse up. If we see green weekly candle or weak weekly red candle, Fisher Indicator may reverse up in a few weeks.

MACD Indicator is at all time low level. Even we are at the beginning of bearish season, it is on the bottom.

We may see mini uptrend on crypto market if WW3 allows. Bitcoin price entered bearish season before WW3. It is in pressure of WW3 and It can not go up..

WW3 will change everything on crypto and all markets.

We will see..