Analysts mentioned 21 factors that point to an increase in Bitcoin's value, but only four declines.

Bitcoin traders may have "fears," but analysts believe almost all reports point to a price increase.

In an interview with Cointelegraph on December 16, trading platform leader Decentrader Filbfilb listed more than 20 signs that Bitcoin's next step is likely to be bullish.

The Rising Breakthrough of Bitcoin Yog "Tau"

On Wednesday evening, BTC / USD and markets rallied after the Fed announced its new rules.

After hitting $ 49,300, the couple began to rally below the $ 49,000 mark, which was still at this point at the time of writing.

However, market sentiment has yet to show confidence in the short-term price of BTC. The cryptocurrency fear and greed index is only 29/100, and Filbfilb thinks that is wrong.

“In fact, we have reason to believe that there will be further gains and we believe that there is no market risk which is incompatible with our analysis,” he concluded.

There are 21 factors contributing to the rise, including weak sellers, unity of miners, and choice of chain caliber.

On the other hand, there are only 4 symbols which are bearish. The signal market fell below the 50 and 100 day moving average, 3 day chart, falling below the 20 week moving average, “stunned” “week.

Stoch RSI creates a low pattern.

His comments were followed by those of others in the industry, and the notorious Twitter TechDev mentioned a few other factors that could push prices up.

Among them, Stoch RSI (Stoch RSI) turned out to be the bullish flag at one point in Bitcoin's history.

For Jeff Ross, founder and CEO of Vailshire Capital Management, Stoch RSI is an image that needs attention right now.