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Bitcoin Bull Run Resume?
BTCUSD Perpetual Contract
Long
Bitcoin Bull Run Resume?
By evanmtz
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Jul 10, 2021
1
Jul 10, 2021
Bitcoin has a lot coming for it these next few weeks and I honestly can't wait for it.
Bearish momentum
on both the Ichimoku Cloud and MACD are weakening.
Bears also failed to get a MACD and tenkan-sen crossover and instead seem to be turning bullish.
Candles are also making higher lows on the daily timeframe which hasn't happened in a while.
Makes sense though since we are in a symmetrical triangle waiting for candles to break out.
Regardless, I'm not bullish cause of fundamentals and I've been saying that for a while. Fundamentals don't mean anything right now.
TA is where it's at right now.
Disclaimer: Not Financial Advice, just my personal opinion.
Chart Patterns
Technical Indicators
Trend Analysis
evanmtz
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