Experienced analyst said that Bitcoin's technical indicator is ready to explode upwards.

Glassnode founder Yann Allemann included analysis from trading legend macroeconomist Henrik Zeberg in his May 9 post. Stating that Bitcoin's technical chart is ready for an upward explosion, Zeberg also included detailed explanations.

When looking at Bitcoin on a weekly basis, Zeberg stated that the green candle that appeared last week was a "hammer" and noted that the current situation has turned into a pennant structure again.

Based on this, the experienced name, focusing on the fact that the last retreat may be a preparation before the rise, reminded that corrections often take back 50-60% of the previous big rise, as in the days we find ourselves in:

Zeberg had drawn a reliable picture by predicting the recent rise.

Stay tuned for important data ✅