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Apr 15, 2023 9:08 AM

Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 14, 2023 

Bitcoin / U.S. dollarBitstamp

Description

Technical Analysis and Outlook:
The coin price action exploded through our completed Intermediate Outer Coin Rally of HKEX:29,200, Key Res HKEX:29,900, and Outer Coin Rally of HKEX:30,000 earlier this week's session, as flagged since Daily Chart Analysis for March 17. Current price action suggests a solid rally to Outer Coin Rally and Key Res HKEX:31,700. On the downside, Mean Sup is HKEX:29,800, the primary target.
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