The cryptocurrency market has entered its bullish rally, but keep in mind that Bitcoin miners are planning to sell their Bitcoin before the halving event in order to make a good profit from this price growth. Considering that the price is approaching the Fibonacci channel, the possibility of price correction in the coming weeks is very high.
Following the previous Bitcoin analysis, I closed my positions at around $50,000 and am not going to enter the trade on the current weekly candle, right now I am waiting for the next 3 days ahead.
The ATR level in period 3 shows around 8500, if the last weekly candle remains above this value, the price trend of the next week will be bullish.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾