Bitcoin's big cycle is about to usher in an upward trend! ? ——Weekly #BTC #BTC走势分析
From the perspective of the weekly line, it must be in a bullish trend. It's just that I had doubts about whether the high-level shock was defined as "relay" or "distribution". At present, I would prefer the former.
If the high-level shock is regarded as a complex shock-down relay, then the closing part of last week is basically a breakthrough.
And some information can be seen from the weekly lines of the previous few weeks. The weekly line at the end of April, the long lower shadow, the small positive line, a K-line signal that is relatively strong against the bulls. The small negative line adjusted in the second week, and the big positive line engulfed last week, and engulfed the weekly lines of the previous 4 weeks. This combination is a very good bullish signal.
If it is defined as a relay here, then after the breakthrough, it is likely to go out of a new upward continuation trend. $BTC