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BITCOIN - seems to be bullish

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Hi Guys,

as we predicted on 12th of April, we had a bounce up towards around 9000$( Please look at our last analysis - it is down below).
Right now we are at the top of the "rectangle zone" between 7100$ and 9800$ which is accumulation zone before we go up again.
Next big resistance is 12000$.

Technical analysis details:

Good news is that we managed to break level of last local hights at 9000$ and we are remaining there for good.
We also broke Fibonacci Level at 9416,6$ which is again good informtation.
We also recognized triangle shape in which we currently are. We are at the top of it. When breaking it with rising volume it will be strong buy
signal.
No matter how you drew resistance zones there all were broken which is a sign of trend reversal
We observe MACD postive divergence
Volume Flow Index - oversold zone - historically lowest level - time to bounce up from the bottom - strong buy

Fundamentals:
Please do look at our last BTC analysis (11th and 12th of April). There, you will find our hypotesis and calculations why we won't go below 5800$ on BTC.
A bit of quotation from our previous analysis:
"Here are the key factors:
1. Satoshi Nakamoto has/have created BTC 0.85% . They figured it out how to create, safe, digital asset combining it with the whole network of miners
2. Miners give essential infrastracture to maintain the network and make it possible for BTC 0.85% to be transferd by 3rd parties
3. Finally we have a network effect. It means more and more people want to have, buy, transfer, hodl it.

So here are 3 essential factors to make everything work.
First point mentioned here is pretty obvious and we won't go into it any further in here. One important information: Satoshi Nakamoto is in possession of around 1mln of BTC 0.85% . So this 7 bln of dollars. They have enough money for development of the project as well as keeping the price at any level buying or selling their (crypto) money.
Second point is here very very important in this puzzle. To keep this network all miners and nodes has to be duly rewarded.
Mining effectivness/profitability is directly connected to the price of the electricity. 90% costs in time span are electricity costs.
So how much $ does it cost to obtain 1 BTC? Good question ha? "

To find out check out analysis "We will tell you why BTC will not go lower than 5800$". It is down below.

Guys! Once again huge thanks for all messages, likes and comments. Apart from money, you are the reason why we are making this.
THANK YOU.

HUGS!
WBM TEAM

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Guys. Just to show you our prediciton from 12th of April

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トレード稼働中

We are out the trinagle - GOOD.
Almost out of the rectangle - keep watching

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Guys take a look at weis waves.
Red bars are becoming smaller. Supply is decreasing or even spent. There is small demand yet -let's wait for another bars. Once we have a bigger green wave we can say we have trend reversal

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Guys! Don't panic. We are very low right now. According to RSI we are as low as 6000$ at the beginning of April. From that point there is only way out - UP. :)
Stoch RSI is totally oversold which is good for buyers.
We are close to MA200 which is our support zone right now (marked as red rectangle).
Weis waves shows us that there is no much both demand and supply. It means price stabilization. Let's wait for green candles on Weis chart.
Stay postivie - now is the time for 10k and more.

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On 1h chart it looks good. We are over MA20 and over VWMA20 as well.
On weis waves we can see demand has exploded. Waiting what next. If we see small red waves and than again large green candles we will go up. If next green waves will become smaller there will be no demand and as a result to price rise.

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* last sentence - no price rise

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On 4h chart we still have bull's momentum (accoring to weis waves).
Be careful with douple top pattern. Once its formed (going now till 10k) and dont have a power to break 10K we will fall again.