BTC/USD 6 Reasons to Feel Optimistic on a Sunny Day.

People always say - "Trade What You See, Not What You Think."

What do we see in Bitcoin Weekly chart ?

An important characteristic of support and resistance levels is that they can change their roles once broken.
A broken support level becomes resistance in the future, while a broken resistance level becomes support in the future.

Bitcoin has two broken Fibonacci Clusters , which are potential support levels.

50 EMA will be potential support.

Ichimoku Cloud will be potential support.

Potential Channel will be support.

50% retracemet (around $ 8500), and 61,8% ( around $7300 ) are potential Fibonacci support levels.

Ranibow indicator is green , but it will change to Light green, and that is the best place to buy correction.

What else do I need to be Bullish on a Sunny Day?

( Important : This is not a trading advice. )