Weekly Bitcoin Price Seems to Start to Reverse Up

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We have seen lots of red weekly candle on Bitcoin price chart. It may be time to see reversing on weekly chart of Bitcoin. Here you can see weekly chart of Bitcoin. There are 5 weekly red candles in last 7 weeks. So, we may see green weekly candles Bitcoin price chart after red candles.

There is great bowl pattern on Bitcoin price chart. It is at 70K USD level. Bitcoin price may reverse up without touching this great bowl pattern.

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Here you can see the indicators on weekly chart of Bitcoin. There is great support line on RSI Indicator. Bitcoin touched this support line after dramatic price drop. It is very hard to break down this great support line.

Fisher Indicator is on the bottom. It will reverse up in a few weeks.

MACD Indicator may try to reverse up if we see more green weekly candles. This is 5th week that MACD Indicator is going down.

So, All of indicators are good level to reverse up. Bitcoin price may reverse up in a few weeks.

I think Bitcoin price will reverse up until end of March or the beginning of April..

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No pain, no gain. Good day will come. As I said we should wait until end of March or the beginning of April.

We may see more green weekly candles on Bitcoin price chart.

We will see..

Posted Using INLEO

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8 comments
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So that means, the bull market is about to start in April ? Which tokens are good to invest ?

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Most of altcoins are on the bottom.. It will start until the beginning of April..

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It will start until the beginning of April..

did not get

Name a few good ones to pick

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I think Steem price is undervalued now. If it goes up, Hive price should go up. So, Hive price may be on the bottom..

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Other than hive ? What about ETH, Sol, HBAR, SUI etc ?

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I am bullish for ETH. I think It will reverse up until Summer...

ETH/BTC ratio is on the bottom. I will share analysis about this chart..

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