LA_Designer

BTC: Weekly Chart Update

LA_Designer Updated   
COINBASE:BTCUSD   Bitcoin
Quick update on the BTC weekly chart.

Bullish scenario: Weekly closes above $25K. If support holds, expect a bounce up. Heavy resistance at $31K.

Bearish scenario: Weekly closes below $25K. Next major support level around $22K.
Comment:
$25,000 weekly support has held. I'm expecting a test of the $31,000 resistance level in the coming weeks.
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