Bitcoin price is trying to stay above 38K where is the top line of flag pattern. Bitcoin price went up above this top line and went down. We should see daily close above this pattern to think that we are in bullish pattern..
This is 2nd times that Bitcoin tried to break up this pattern. Bitcoin is trying to complete daily close..
Here you can see daily of Bitcoin and 100 day moving average broke up 200-day moving average a few days ago. It is good signal for Bitcoin on bullish side..
https://i.imgur.com/AdPEQME.png
When we look at weekly chart of Bitcoin, this is 7th weekly green candle. We have never seen this series.
I will share detailed analysis for weekly green candles. When we look at indicators, Bitcoin price should make a correction. Fisher Indicator is on the top and should reverse this week or next week!
https://i.imgur.com/oZrUIsB.png
I shared lots of analysis and said December will be dump month.
There are lots of signals for this scenario.
We will see.
