This is 3rd week Bitcoin price in weekly green candle. It was dificult to see these weekly green candle series. It is good to see 3 successive weekly green candle. It is one of signal for reversing up from the bottom of bearish season.
Here you can see weekly chart of Bitcoin price. We have see a feww eekly green candle series after all time high level. After getting one of the hugest weekly green candle, Bitcoin price is still in weekly green candle serie.
There is great resistance on Bitcoin price chart, waiting to resist Bitcoin price is at 88K USD. It is hard to break uo. When Bitcoin price breaks up 100-week moving average, It will be easy to go up.
Here you can see the indicators on weekly chart of Bitcoin price. Fisher Indicator is on the top and ıt may reverse down if we see weekly red candle on Bitcoin price chart. There was great resistance on RSI Indicator and It is broken up. This is the signal of the beginning of bullish season. MACD Indicator is going up slowly and It should go above 0 level to enter bullish season.
Even it is possible to see price correction on Bitcoin price chart in next weeks, Bitcoin price entered bullish season. These major indicators needs price correction.
I will share an analysis about daily chart of Bitcoin price. We may see price correction at the end of this month. ıt is good to see price correction for long term.
Weekly chart of Bitcoin price seems so bullish.
We will see..