Bitcoin weekly · The war is not overBitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaThe war between bears and bulls of course... That's the war that I am talking about. When in doubt, zoom out. Good evening my fellow Cryptocurrency trader, I hope you are having a wonderful day. Bitcoin looks good, or looks better I should say. With each passing day, Bitcoin's chart continues to improve leaning toward the bulls. The bulls continue to gain ground, the ground gained is being maintained. Is it? Here we are looking at BTCUSDT on the weekly timeframe and wow! And wow, boys and girls; ladies and gentlemen; my dear readers, followers and friends. This is the best week since early March. Bitcoin weekly is trading higher compared to all time in February; Bitcoin in general is great above 70K. Whenever the action is happening above this price line, tag, $70,000, you know we have the upper-hand. Those trading up, aiming up, looking for prices to grow. Those that think, feel, see, understand, sense, grasp, hear and believe, that Bitcoin is only now starting to grow. The first half of the week is over and the chart looks great. It cannot look better. The week already moved lower and buyers showed up. The week is now moving higher and this move is only the start. So it is good to start red to end green. But, I have to be honest, always, it is still early. Not much is needed to maintain the upper-hand. Should I hold or should I fold? Continue holding long-term. The bullish action is only getting started. Notice the rounded bottom—the cup pattern. Notice how the action is turning green after much red. Notice how Bitcoin continues to trade at support. Notice the transition, from the worst ever, the best possible tends to develop. Hold strong. There is an ABC correction on the chart, the same that I showed you recently on the monthly timeframe. This is a complete move and has perfect proportions. In Elliott Wave parlance, this is called an irregular correction. The B wave is higher than the start of the A wave, this is a classic. If you were to look at Bitcoin's weekly MACD... Pheww... Well, it would either ruin everything—if you are a bear; or, solve everything—if you are a bull. The weekly MACD fully reveals the next move. What does it say? Thank you for reading. Namaste.