Halving is near in almost one month.
What can we see on the weekly chart? We see the forming of a strong bullish pattern.
For the bullish outbreak we need the green trendlines intact and more confirmation in the next weeks.
(Reminder: the halving was always the beginning of a new uptrend cycle. But it took some weeks in the past to break out. So stay safe out there and always think long term on this type of investing.)
What can we see on the weekly chart? We see the forming of a strong bullish pattern.
For the bullish outbreak we need the green trendlines intact and more confirmation in the next weeks.
(Reminder: the halving was always the beginning of a new uptrend cycle. But it took some weeks in the past to break out. So stay safe out there and always think long term on this type of investing.)
