Bitcoin Price Got 3 Successive Weekly Green Candles

This is first time in this year, Bitcoin price got 3 Successive Weekly green candles. Today is the first day of the week and Bitcoin price went up. Bitcoin price is in 4th successive weekly green candle. It is first time to see this green candles series since May 2025. We have seen mini bullish trend in May 2025.

Here you can see weekly chart of Bitcoin price. Bitcoin price is still in an ascending channel coming from 60K. Bitcoin price should close this week with green candle to reverse up. We have seen this green candles series as bullish seasons.

Here you can see the indicatos on weekly chart of Bitcoin price. MACD Indicator was all time low level and It reversed up. Even it reversed up, It is so close to all time low level. We need a few weeks to see going up.

Fisher Indicator was on the bottom and reversed up with this green candles series. These green candles series is not enought to break up ascending channel. We may see Bitcoin price in this ascending channel during this year.

When we see weekly red candle, reversing up scenario will end. Bitcoin price is still close to bottom line of this ascending channel. I can not imagine when Bitcoin price breaks down this ascending channel. We will see..

Posted Using INLEO