Babenski

BTC daily and weekly analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC / USDT

📌 WEEKLY VIEW :

Bulls succeed to save 50 W EMA for 6 weeks in row which is bullish sign
On weekly view.. we bullish and didnt enter bear market yet (for BTC)


📌 DAILY VIEW :
Price is testing strong trendline resistance and 20D ema ..This trendline rejected the price 6 times before

The Current resistance : 35k5 - 36k5 if we closed daily above this area we going to test upper range between 39k - 42k

If bulls failed to clear current resistance we going to test lower range again around 30k


In daily view still neutral... wyckoff accumulation scenario still in play but i cant be bullish at resistance so we wait to daily close above first

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