Bitcoin price is being traded between 17700-15700 USD for a month. It is going up today and tested 17950 USD.
18700 USD is great resistance for Bitcoin price. There is 100-day moving average that is great resistance tested lots of times before and couldnt be broken up..
Will we see same scenario?
I can say that we will not see same scenario.. There is great resistance in weekly chart of Bitcoin and you can see Fisher Indicator below. It will be broken up in this time..
Fisher Indicator is reversed and It may be the time to be broken up!
If it breaks up I can really say that bearish season is ended!
So, I can say that bearish season will be ended until February!
The new year will begin good..
I said lots of time that Santa rally is coming soon. It will be one of trigger for crypto market to reverse from bearish season to mini bullish season..
I am picking up lots of cryptos for this mini bullish season..
We will see..