BTC 2W TF shows the Ichimoku Tenkan and Kijun cross also called Golden Cross in Ichimoku system. When ever the cross happen the price of BTC goes up and starts new uptrend. This is huge!
Bitcoin break out the Gaussian Channel and retested, if the price stays about the channel and the red zone flipped into green than we will see big move to upside.
BTC on weekly time frame the 200 Week MA Heatmap acting as support so far, if the price rejected from this area than we will see the price of BTC to move to upside. Bearing in mind the weekly candle will close within 2 days and 4 hrs.
BTC on weekly time frame showed a relief rally to the upside, but we would like to see a break of last lower high in order to change our bearish bais. RSI on weekly time frame bottomed in and exactly over sold area which indicates there is a reversal on momentum to upside.