Despite ALL market negativity, Bitcoin remains bullish on both weekly and monthly timeframes. After analyzing Bitcoin's movement following the bearish market maker candle (as discussed in my previous post:) ), it is evident that Bitcoin's bullish trend continues.
Note 1: The next bullish mouvement will be slow and could take some time (3 to 4 weeks). Note 2 : I also spotted a formation of a parallel channel which many of you will disagree with me on the drawing but I believe it limits the next BTC mouvement. I am excited to see the precision of my channel.
Happy trading !
Note
Very low interaction with my posts. I think I will keep my analysis for my self ;)
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