MindsetTrad3r

BITCOIN WEEKLY ANALYSIS

BITSTAMP:BTCUSD   Bitcoin
taking a look at bitcoin on the weekly here

bearish engulfing candle was last weeks candle.

MACD trying to hang on and stay positive. becoming clear how important the 40-42K level really is
we saw what happened last time this went red on the weekly

on the chart its looking like it wants to roll over again. choppy action past few days, unable to sustain momo.

where do we think BTC will close at the end of the week?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.