Bitcoin Close Above 7wk MA - Bullish
Seems almost to obvious but Bitcoin has had a brilliant record of going on a run, once it closes above the 7week moving average.
Can it do this 5/5 times? I am ignoring the close in the 2020 top, as this indicator works best when coming from the bottom.
Not only that, we have an inverse H&S playing out which can be seen better on the Daily timeframes or lower. $52-55k target over the next 2 weeks.
Not financial advice, just what I see.
Can it do this 5/5 times? I am ignoring the close in the 2020 top, as this indicator works best when coming from the bottom.
Not only that, we have an inverse H&S playing out which can be seen better on the Daily timeframes or lower. $52-55k target over the next 2 weeks.
Not financial advice, just what I see.
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