TradingBTC1

Weekly BTC Chart still BULLISH

Long
BITSTAMP:BTCUSD   Bitcoin
There seems to be a lot of FUD being scattered around about $BTC. Most of the FUD is probably coming from the traditional stock markets and government officials but look at the weekly chart and tell me where the problem is? On our chart just focus on the 4 YELLOW arrows pointing up right on the uptrend line going back to July 2021. $BTC has now formed 4 higher lows since July on this Weekly chart. A Higher low is one of the very basic patterns that most traders and investors will agree is a very bullish pattern. So we've now had 4 Higher lows so please stop with all of the FUD. New Highs are still in the cards before year end so let's stay focused on the prize. If you would like us to review a certain chart for you just DM us and we'll see what we can do for you.

Disclaimer: please also DYOR!

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