📊 Bitcoin Chart Analysis 📚

Time Frame - Weekly (HTF)

https://www.tradingview.com/x/X94liXLg

Well if you look at Bitcoin weekly, all i see is uptrend with major move pending. I don't see reasons why people are bearish over this much needed small pullback from 31k to 26k. Reasons why I'm all Bullish :-

1. Market Structure is Bullish with a series of HH HL structures

2. We are making a Bullish Pennant on weekly Timeframe

3. Weekly MA200 that plays a major trend defining role was smashed on 13th March has had the proper retest near this bullish pennant.

4. Fundamentals are strong. Also whales have accumulated around 2.3 billion btc in last 5 weeks of choppy PA

With Tether also allocating 15% of net profits to Buy Bitcoin and new survey claiming Btc to be safer than US dollar, i don't see any reason to not buy Btc here.

Buying Bitcoin here spot with major portion of my stables. A wick towards 24-25k won't change anything as it will be just a deviation for a path towards 35-42k

#BeAHodler this time

@CryptoTrades