🚨🚨🚨 Bitcoin Weekly Breakout: Is This the End of the Downtrend? 🚨🚨🚨
📈 #Bitcoin has finally broken out on the weekly chart! After a challenging seven-month downtrend, recent price action suggests the tides may be turning in favor of bulls.
🔹 Stable Uptrend: Over the last four weeks, Bitcoin's price has shown consistent upward movement, a sign of strength that supports a bullish outlook.
🔹 No Short Positions for Now: Given the stable uptrend, I see no reason to consider short positions or to anticipate a pullback to the $50,000 level or below.
🔹 Trend Is Your Friend: Remember, the trend is your friend—until it’s not! As long as this momentum continues, the market outlook remains strongly bullish.
📌 Will Bitcoin continue this breakout and potentially push to new highs? Stay tuned, and follow for more updates on #Bitcoin's next moves!
