Weekly Bitcoin Price Seems to Start to Reverse Up
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.
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..
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..