Bitcoin (BTC) Weekly Above EMA8 & EMA13 · New ATH Confirmed

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Bitcoin (BTC) Weekly Above EMA8 & EMA13 · New ATH ConfirmedBitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaRecently, in two instances only Bitcoin moved above EMA8 and EMA13 on the weekly timeframe after a correction low. This event is always proceeded by sustained bullish action. A rising wave lasting months. Bitcoin is hyper-bullish right now. Truly, the most bullish possible. When Bitcoin starts trading above $95,000 or $100,000, market conditions would be great but not better than what we see today. The most bullishness and highest potential comes at support, at low prices. Believe it or not, Bitcoin is still a great buy below $80,000. All recent growth is based on strategic positioning and wise accumulation. There is a complete lack of FOMO and this reveals a strong base being built. It is likely that Bitcoin will never revisit the low prices we are witnessing now. The whales, institutions, countries and corporations, are loading up at low prices. These are the same whales that bought high their first time around. This time they have more experience and decided to buy at support. These people plan long-term. "The current rally reflects steady capital inflows." That's the phrase I saw in a news article, "...rather than speculative momentum." Bitcoin is set to close four consecutive weeks green. The last time this happened was April 2025, a year ago. Bitcoin never closes four weeks green in succession during a relief rally or a weak period. This type of behavior reflects a very strong bullish bias and anticipates long-term growth. This is easy to confirm by looking at past action. After early July 2025 Bitcoin never closed more than two consecutive weeks green. Only now this bearish pattern is broken. The current weekly chart—BTCUSDT: A descending channel has been broken. Support was found above long-term, highly important, MA200 weekly. The April 2025 low ($74,500) has been conquered as resistance. There is a rounded bottom based on candle close. Bitcoin closed last week above EMA8 & EMA13. Bitcoin closed three consecutive weeks green last week. This week shows the highest price in three months. The RSI is rising with strong momentum after hitting the lowest level since July 2022, the previous bear market bottom. The MACD is pointing straight up after a true all-time low. There is also a recent bullish cross on the MACD. The STOCH is rising strongly while pointing to months of bullish action. Many of the smaller altcoins have been rising for 2, 3, 4 and even 5 months. And it goes on and on and on. We have a staggering number of bullish signals, it is hard to mention them all. Do you still think Bitcoin is going down? If you do, why are you reading this post? Thanks a lot for your continued support. Namaste.