Last weeks high: $38023.9 Last weeks low: $36284.2 Midpoint: $34544.4 Bitcoin starts the week at almost exactly where it started the previous week, just hovering above the 37k it means BTC had a net neutral price action over the last 7 days. However, midweek saw a 10% range create the highs and the lows before contesting the midpoint. After a strong rally for...
Steadily creeping upwards for months now. BTC has hit the major level around 30k. This resistance level is psychological (30k), it is the support we found in the summer of 2021 and it is also a .618 FIB level from the top of 2017 to 2019 bottom. On the weekly BTC has been in an upwards trend (gray trend lines)trading above the Bullmarket support band. There is...
Bitcoin may have be starting an aggressive move up from here. The 27700 area may be the bottom of this 1-2.
BTC now broke the major support of 52k and 48k we can now expect a further dump towards 38k
Zoom in and keep an eye on that red line when we meet it. Rejection from it may result in a strong turn downwards and onto supports given by the January waves. Nothing is over until we drop below any of the support given during January - so don't fret. Every whale on Earth will be buying before that's met.