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Bitcoin Weekly Green Candles
Bitcoin
Bitcoin Weekly Green Candles
By falconlinefutures
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Dec 3, 2023
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Dec 3, 2023
Over the last 2373 Days, bitcoin has experienced volatility between $1830 and $69,000.
During this period, bitcoin closed with a green candle 4 times for 7 consecutive weeks.
This week, it will repeats the record by closing green candle for the 5th time in 7 consecutive weeks.
In the cycle I mentioned, the green candle could not close for 8 weeks.
After the 7th week, it entered the accumulation process between 2 and 12 weeks.
During this period, there were decreases of up to 25%. Afterwards, bitcoin came back stronger.
I wonder so much. Will we see the 8th green candle next week?
When I saw this I wanted to share it.
Beyond Technical Analysis
bitcoinprice
BTCUSD
candle
candlestickpattern
green
longterm
Trend Analysis
Wave Analysis
falconlinefutures
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