8th Week of Green Candles on Bitcoin Price Chart
This is the 8th week of green candles on Bitcoin price chart. We have never seen this green candle series before. It is bullish record on Bitcoin price chart.
I looked all time weekly Bitcoin price chart and I didn't see these green candles. Even Bitcoin got 8 green candles in last 8 weeks, price went up only 65%!
Here you can see weekly Bitcoin price chart. There were only 3 weekly green candles in 2023..Bitcoin destroyed all history of charts..
When we look at Indicator we are close to finishing of trend. Fisher Indicator is on the top and will reverse in a few weeks..
I was waiting red candle in monthly chart. I shared lots of analysis for December would be the beginning of mini bearish trend..
Even Bitcoin price went up 65%, lots of altcoins are below this performance.
If Bitcoin price trend reverse, these altcoin may go down good level to pick up.
We will see...
At this point it seems that the King of cryptocurrencies or Bitcoin has the strength to go towards new highs
Good afternoon Stefano!
I believe that the father of cryptocurrency that is bitcoin has more than just the strength to reach new highs, I believe that it will break through the $70000 mark at least in 2024.
Have a good evening!
Thank you, friend!
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