Still believe in bullish bitcoin this week

I know the bitcoin market is Still showing a downtrend which are promoted by the funmanetals , but as a technical analyst I still believe there is still a bullish tendency this week on the bitcoin market and the crypto market as a whole..

The chart on the one week time-frame is showing that it is still expected to be bullish , the MACD is clearly indicating the "green" sign which is a bull signal..

The balance of power indicator is also indicating a strong bullish signal on the weekly time-frame..

There is a very strong price resistance at the middle bollinger band which is at a price of $22,603 , and that is the price i will be using as take profit when I click the buy button..

But you need to DYOR because this is just simply a market predictions and there are some fundamentals that could just come up and change the total condition of the market and those conditions could make these predictions to come out wrong, so you really need to DYOR before taking any trades with these predictions and also you should ensure that you use a tight stop loss when trading on the market , in all you do, always remember risk management and money management..

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