$BTC BTCUSD) has completed 3 consecutive green weeks, with an impressive last candle of 1W closing and starting the new one right where it left off. This increase should not surprise most, as it has met all the conditions that initiated all the major rallies since the bottom of the bear market in November 2022.

The first week of April rebounded strongly on the MA50 of 1W (blue trend line), which has been, as mentioned numerous times in our channel, the main support of this bullish cycle and has initiated the rallies of Q4 2023 and Q4 2024.

At the same time, the RSI of 1W broke above its MA last week, which has been the final confirmation of those bullish legs. With the 1W Bollinger Bands (BB) still in range, the upper trend line is expected to rise aggressively as the BTC bullish trend accelerates