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Petersyting01
Oct 6, 2018 12:11 AM

BTC weekly chart is bull. 

Bitcoin / U.S. dollarBitstamp

Description

I plot btc weekly chart on a log scale with OBV and Acc/Dist. Both OBV and Acc/Dist continue to show positive up trend. BTC Plot against the Gann Chart seems to show that BTC have push through the 5 Resistance Circle and consolidating. All these time, BTC has never broken down from the long term support uptrend line (shown in light red). So, looking from the above perspective, I am incline to turn bullish if BTC maintains the current consolidation stance till end of year (i.e. moving sideways)
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