BTC >> Bull/Bear Market based on Weekly BBands
Hi everyone,
Welcome to another very brief update on Bitcoin!
The chart presents a Bull/Bear Market Trend Analysis based on the weekly bollinger bands on the Weekly Chart of #Bitcoin.
Breaking $8,500 and closing a weekly candle above that level is a major sign that Bitcoin is back in a bull trend. Until that happens, we're still in bear mode & the trend is your friend.
Enjoy the chart,
Leb Crypto
Welcome to another very brief update on Bitcoin!
The chart presents a Bull/Bear Market Trend Analysis based on the weekly bollinger bands on the Weekly Chart of #Bitcoin.
Breaking $8,500 and closing a weekly candle above that level is a major sign that Bitcoin is back in a bull trend. Until that happens, we're still in bear mode & the trend is your friend.
Enjoy the chart,
Leb Crypto
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.