As expected, the price continued its upward movement by hitting the Fibonacci golden zone and forming a hidden divergence in the RSI. The candle that hit the golden zone is a pin bar candle and this week's candle is the confirmation candle of that pin bar candle. So we have to wait for the closing of the weekly candle, and if the candle closes in the form of a...
The downtrend has been broken by hitting monthly support and forming a divergence in the RSI. And then the price has completed its pullback to the broken trend. And now we have an uptrend and until this trend is broken I am bullish on Bitcoin.
The price is very confused and we have no signs of rising or falling. Long-term analysis shows that the price is on the rise, but we can not say when this climb will happen. I have no idea as long as bitcoin is in this blue area
