BTC/USDT Weekly Chart Analysis
In my opinion, as shown in the Bitcoin weekly chart, the price has exceeded the golden range of the chart and now the price is trying to stabilize above this range.
If the weekly chart stays above this range, we can see higher prices up to 55,000 and 58,000.
On the other hand, if we go down less than 48,000, we see even lower resistance at 42,000
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If the weekly chart stays above this range, we can see higher prices up to 55,000 and 58,000.
On the other hand, if we go down less than 48,000, we see even lower resistance at 42,000
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Comment:
According to the analysis, so far, after losing the resistance of 48,000 area, the price went down quickly to 42220 and it reacted well to this area .