- Above W50/100/200 SMA - Three White Soldiers candlestick formation - Broke downtrend resistance and horizontal S/R - Back above the parabola trendline - Increasing volume
There is one counter argument - The weekly Stoch RSI has crossed down in overbought territory. Backtested this has a very high strikerate for BTC but it doesn't live up against all the data above.
The current BTC weekly close confirms a full uptrend. Don't be surprised if it accelerates upwards and continues bull trending. Corrections are opportunities. Weekly Bias : LONG