malacus

TK Cross on BTC Weekly - Bullish Indicator

Long
malacus Updated   
COINBASE:BTCUSD   Bitcoin
We can look at the previous crosses and how the market behaved after. TK crosses are a clear indicator of market shift.

Look for action through the clouds in the next coming months and keep an eye out for breakout through the clouds.

The blue marks are when Consensus Blockchain Conferences happens yearly.

Comment:
BTC has pushed through the clouds smashing resistance.

We can see the last weekly candle wicked through resistance but stopped on the close almost perfectly at the bottom of the cloud.

Expect sideways movement but continue to watch for breaking of the cloud.

The blue dots for Blockchain Week have proven as good buying opportunities after ~1 month.

Not financial advice ofc.
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