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Aug 14, 2021 1:10 PM

Bitcoin (BTC/USD) Weekly Daily Chart Analysis For August 9, 2021 

Bitcoin / United States DollarCoinbase

Description

Technical Analysis and Outlook
It seems there is no stopping Bitcoin after the cryptocurrency surged past our psychological Mean Res $46,580 mark, which held the coin captive for four sessions from passing this barrier. Next is our target Inner Coin Rally of $50,130, coinciding with a significant $50,000 Maginot Line. Will the price of Bitcoin increase to $50,000 this weekend? See the 'Weekly Market Review & Analysis For August 9, 2021" page at the usual site for the rest of the market story.
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