Bitcoin price couldn't break up 32K where 100-week moving average is. Even It couldn't break up this resistance, Bitcoin seems still bullish. But It is still being traded on critical level...

I shared lots of analysis for Bitcoin might be entered bearish season again. But There is a few good points shows us Bitcoin is still on bullish trends.

Here you can see daily chart of Bitcoin and Bitcoin price is still on 200-Week moving average. It is one of the last castle for Bitcoin not to enter bearish season..


![Ekran Resmi 2023-05-30 23.06.03.png](https://files.peakd.com/file/peakd-hive/chorock/EnyoTyybYqNzNND7B98zSoVGnne2dw8GhnviWb27FU5QQVc17N2xKGr1BKCz28phYMq.png)

Even It stays on 200-week moving average, MACD Indicator will be reversed in a few weeks. It will be solid bearish signal for Bitcoin..


![Ekran Resmi 2023-05-30 23.18.20.png](https://files.peakd.com/file/peakd-hive/chorock/23t77MG8bkBVbKDPnmZxvtm7pEYQiwWaoPC1eS4vEPbSVpNsqCD1bffDMg36P9uHLMEvB.png)

There is only a few things support Bitcoin for bullish season. So, Summer may be bearish for Bitcoin. Sell in May and go away will be true for Bitcoin...

We will see..