The Middle Line of Monthly Bollinger Bands is Great Resistance for Bitcoin Price Chart

Bitcoin price is going up fast. It is breaking up the resistane. Due to going fast, Bitcoin price broke up all mini resistances. There is one of great resistance on the middle line of Bollinger Bands.

Here you can see monthly chart of Bitcoin price. Bitcoin price will close this month above 8-month moving average. It is great signal for bullish trend. You can see what happened while Bitcoin price is above 8-month moving average. It is middle bullish signal for Bitcoin price.

Here you can see the indicators on monthly chart of Bitcoin price. Fisher Indicator reversed up from the bottom. MACD Indicator is trying to reverse up. There is mini downtrend line on RSI Indicator. It will be broken up if we see more monthly green candles.
We may enter bullish season in this year. There are only a few confirmation to enter bullish season.

We can say that entered bullish season. Bad days has passed. We are going to good days. We need only a few signal to complete the confirmations. I will share these signals.

It may be good time to pick up discounted cryptos. We should be ready for the next bullish season.

We will see...

Posted Using INLEO