♦️#BTC weekly close in just an matter of an hour here.
Close above $30000US will be bulllish in the immediate short term for next coming days volatility to the upside chasing resistances at ranges 34_37k dollars US.
13 hours ago
BTC on the other hand playing below the significant support level 30k regaining the support and flipping it can change the game here on the short term. As there is bullish divergence on RSI and MACD also BTC getting above 20MA will be a bullish signal targeting the 34-37k ranges which are resistance above. Do keep in mind we are still in a bear market and these bullish divergences can be negated if Bitcoin breaks further down.
Close above $30000US will be bulllish in the immediate short term for next coming days volatility to the upside chasing resistances at ranges 34_37k dollars US.
13 hours ago
Trade active:
breaking down the chart analysis here to cleary view that we are in a choppy market dominated by bears honestly until now as per technical and statistical and sentimental data. Thus not forgetting we are still in a bear market opening perpetual longs should be governed with a tight risk management and spot buys must be still accumulated in ranges down as we make lower lows on #BTC here as of now. just an unbiased view from my side ... upcoming day should break out of choppy and may give clear swing moves .