Are Bitcoin and Crypto into a new bullish wave?

28 Tem 2021

Bitcoin has been rejected by the attractor more than 7 times during the last weeks. Since Wednesday, the cryptocurrency is moving upward with an increase in volatility reflected in the ATR, and a strong swap of persistence from bearish to bullish in our dashboard, but it is not enough yet to declare an overall uptrend. It can be the beginning of a new motive long-term wave, but more structures need to be completed to get a stronger confirmation. In the short term, we should continue seeing upward movements while the crypto stays above 31300.