Hi friends. This analysis is slightly cloudy. However, here it goes. I am bullish on #bitcoin
. All the reasons are given in the following long thread.

Reason 1: There was a good reaccumulation there. It gives me more confidence that price has more room to grow up #bitcoin

Reason 2: Price has been on a steady rise. It respected the zones beautiful by retest. Then there was the reaccumulation that allowed this bigger price push. So far price has retested the green demand zone and likely going for the top green zone. #bitcoin

Reason 4: There is a clear Higher high and higher low (in other words the uptrend is intact). One can draw downtrend/consolidation/reaccumulation in between as I will show next. However, the uptrend has started again and can be joined with the last one. #bitcoin

Reason 5: I can see Higher high and higher low there forming again. Either as per #4, one can call the whole move as still uptrend or one can break up smaller one in between. Either way, it is an uptrend. So any sideways is basically trapping bear. Bullish #bitcoin

Reason 6: Some talked about TD9 sell. That is not correct. Note the X under TD5 that was drawn by automated TD indicator. It means the count was not correct. And a new count likely will start. And a new TD uptrend count started. We are on TD2. #bitcoin

Reason 7 (extension) Note there was no touch. I was checking on mobile and I thought there was . This is why I had one of my last loss before the last profit. It needs to touch. And price still going up for the top red dot. #bitcoin

Reason 9: COG fib tells me it is going for any of those three values or more. Send it, please #bitcoin

Reason 10: Using normal 10/30/60/30 ichi it is super bullish.
Tenkan & kijun above green cloud
Tenkan > Kijun > cloud
Chiku above price and not much resistance nearby
Price above cloud
#bitcoin
Tenkan & kijun above green cloud
Tenkan > Kijun > cloud
Chiku above price and not much resistance nearby
Price above cloud
#bitcoin

Using double ichi, t&K meaning that will be strong resistance if price does decide to come there. I do not expect that. I hope for more rise soon
Otherwise, price > tenkan > kijun > green cloud. ALso chiku well above price. This is strongly bullish #bitcoin
Otherwise, price > tenkan > kijun > green cloud. ALso chiku well above price. This is strongly bullish #bitcoin

I think we just having healthy retracement/consolidation before next round up to next fib at $13037 #bitcoin
