BITCOIN RALLY - STATUS UPDATE #4

Hi crypters, here with the, I think, fourth update on the current BTC rally. You could find previous on my steemit blog.

Three red weekly candles, short term down canal formation, but still no confirmation to the awaited med-long term bear reversal, no sign of MA crossings still. Every other bear trend reversal indicator is there, year and a half long rally, we went up 20 fold up and there was no MA weekly crossings for a long time, some 19 months. These moves happened in BTC three times so far, once in 2011 and twice in 2013, who knows how many more times this pattern will appear.