Hello!
In weekly chart Bitcoin shows healthy pullback toward current Up-trending Support Line in 40k's where major support should provide enough of inertia and resupply for the bull action continuation.
Crypto market is as unpredictable as it gets, but due to multiple major players and even (countries!) taking interest in utilizing Bitcoin, its face value is showing even higher positivity in future.
DD and Good luck trading
In weekly chart Bitcoin shows healthy pullback toward current Up-trending Support Line in 40k's where major support should provide enough of inertia and resupply for the bull action continuation.
Crypto market is as unpredictable as it gets, but due to multiple major players and even (countries!) taking interest in utilizing Bitcoin, its face value is showing even higher positivity in future.
DD and Good luck trading
Comment:
Price has indeed reached the resistance during its pullback and this is a moment of truth - as bears were showing high pressure in past 48h, we will see if that will be enough to break a current resistance or will it go up on a parabolic move propelled by bulls.