AVNGL01

BTCUSD weekly (10/06/2022)

BITSTAMP:BTCUSD   Bitcoin
Weekly Review Of Bitcoin:


On this time we are all waiting for the last bottom on the bear cycle,
Getting out of emotions, the market has a perfect indicator tool kit to understand with psico-social parameters her own sustainability.

The weekly candle analysis have the most powerfull inidcators for the Macro Movements;

(logarithmic scale)


- The 50/200 MA is showing us a posible final botton around the actuall price.

- The pattern of the macro movements may be designing a extended and bullish flag.

- RSI is finding a bottom.

...


For a reversal trend we need:


- High Volume Bullish Movements, but not to much volatility in acumulation zones.

- News and Advices.

- Recover hope on subvalued zones on Bitcoin.

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