Click the chart below to see history!**
BTC on the weekly is posting a very specific type of candle that indicates a trend change, and I am not calling for extreme bullish sentiments, but a modest rise to $30k with the next two weeks.
In my previous chart below, I called out the drop for BTC which was necessary due to exhaustion, this is a very old chart I have that is running for a long time with those Fib levels. That fib level of 1 is a very strong reversal level. This is where BTC is bouncing off from, and I am expecting short term bullish movement for the summer at least.
BTC on the weekly is posting a very specific type of candle that indicates a trend change, and I am not calling for extreme bullish sentiments, but a modest rise to $30k with the next two weeks.
In my previous chart below, I called out the drop for BTC which was necessary due to exhaustion, this is a very old chart I have that is running for a long time with those Fib levels. That fib level of 1 is a very strong reversal level. This is where BTC is bouncing off from, and I am expecting short term bullish movement for the summer at least.