Bitcoin Price is in 3rd Green Week After Red Candles

This is the 3rd week that Bitcoin price got after 3 weekly red candles. After touching all time high level, Bitcoin price reversed down and got 3 weekly red candles. After these red candles series, Bitcoin price reversed up and it is the 3rd weekly green candle.

Here you can see weekly chart of Bitcoin price. There was downtrend line on bitocin price chart coming from all time high. After breaking up this downtrend line, Bitcoin price got 3 weekly green candles.

We may see more green candles on Bitcoin price chart after FOMC meeting.

Here you can see the indicators on weekly chart of Bitcoin price. There is great downtrend line on RSI Indicator. We should see breaking up on this resistance. Bitcoin price can go up and reach new all time highs after breaking up this resistance..

Fisher Indicator is going down and trying to reverse up. If we see more weekly green candles, we will see reversing up Fisher Indicator.

MACD Indicators is also trying to reverse up. We should see these indicators reversed up.

We are at critical week that FOMC meeting is coming soon. If there is negative news, Bitcoin price chart gets weekly red candle and It may take time to break up this downtrend line and reversing ups.

We will see..