RE: Bitcoin Price Got Weekly Green Candle After 4 Successive Red Candles

The 200-week moving average reaction is the part that makes this more interesting than a normal relief candle.

After four red weekly candles, one green close does not prove trend reversal by itself. But if the market defends the long-term moving average and then reclaims short-term momentum, it usually tells us sellers are running into a deeper bid zone.

I would still want to see follow-through. A single weekly candle can be a bounce. Two or three closes above the reclaimed area would say buyers are actually rebuilding structure.