Let’s take a look at BTC from the perspective of the 1W chart.
Well as you can see we have a cup with handle pattern forming.
This is bullish.
We may have a small pullback ($5800 - $6800) – handle but after this, we should go north.
Let’s look at the rest of the indicators.
• Weiss Waves – the current green wave we are observing is thelongest one evre – 15 bars one by one – it speaks for itself
• MACD – for the first time since the beginning of the correction we had a bullish cross as well as MACD crossed up the level of zero. This is truly bullish.
So no matter which interval we are looking at, the indicators are saying the bull has come.
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