BTC major weekly support Hit - All levels on chart
BTC hits major weekly support.
We might face a deeper correction up to the 38k levels.
Watch for weekly closing wicks
On the daily SMA 200 is pointing 48k levels. If you take a look ok the weekly we can see it pointing to deeper levels around 36-38 levels.
We can start DCA from the 57k support.
BTC can try to sweep lower buy order and bulls should breach -69k levels before any bullish continuation.
We might face a deeper correction up to the 38k levels.
Watch for weekly closing wicks
On the daily SMA 200 is pointing 48k levels. If you take a look ok the weekly we can see it pointing to deeper levels around 36-38 levels.
We can start DCA from the 57k support.
BTC can try to sweep lower buy order and bulls should breach -69k levels before any bullish continuation.