Get started
BitcoinMaximus1

Bitcoin's Weekly Close Is Right Around The Corner

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
BitcoinMaximus1 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD BTC BTCUSDT bitcoinprice bitcoinusd bitcoinforecast bitcoindollar bitcointrading
5
1
trendanalysis chartpattern indicator bitcoin btcusd btc btcusdt bitcoinprice bitcoinusd bitcoinforecast bitcoindollar bitcointrading
The weekly close for the BTC price will be later today. The price has created several long upper wicks, a bearish sign.

In addition, it is still very close to the daily and weekly resistance levels. If it loses the daily support, a rapid downward move could follow towards $5650.

Weekly Support : $6050
Daily - Support : $5050

Weekly Resistance : $6850
Daily Resistance : $6650

Please leave a LIKE if you enjoyed the analysis
Comment:
snapshot

Let's see if it breaks down...
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.