This is 7th week of successive weekly green candles on Bitcoin price chart. It is the record. of this year! The record of the year was 3 successive weekly green candles.
Bitcoin has great performance since the beginning of October. Will it continue?
I shared lots of analysis and said December will be dump month for Bitcoin. We may see price correction in this month..
https://i.imgur.com/Zt9bNEi.png
Here you can see weekly chart of Bitcoin. I circled 7 successive weekly green candles on Bitcoin price chart before. It is 4th times that we see 7 successive weekly green candles.
We have never seen 8 successive weekly green candles before. If Bitcoin price chart gets green weekly candle this week we may not see green candle next week.
When we look at weekly price chart of Bitcoin, Indicators are on the top and ready to reverse. Seeing weekly red candles is more possible than green. So, all inciators may reverse in a few weeks and Bitcoin may enter bearish trend until halving…
https://i.imgur.com/W0lL1tV.png
The last chance before December to get into cash..
We will see..
