1.If we take the monthly chart; we can see that a bullish harami is starting to form. If everything goes well at the monthly close (which is in 3 days). We can start to hope for a reversal. What is a bullish harami? current candle is trading within the trading range of the previous candle and indicates that a reversal is about to happen.
2.We have perfectly touched the bottom of the parallel channel
3.On smaller time frames, we can start seeing bullish divergences.
SO
If monthly candle officially closes as a bullish harami, I can safely see bitcoin reaching again $55 000 if not higher!
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