The Bulls Are in Charge

Positive Multi-Time Frame Momentum

Bitcoin / Weekly

The week is not over but thus far the price action of the Weekly candle chart suggests that the correction from the April highs may have run its course. The break out above the falling Upper Parallel (solid gold line) of the longer term Schiff Pitchfork (gold P1-P3) after holding Cloud support adds credence to that technical scenario. Th…