SWRLS

BTC Last Volume Bar Before Rarified Airspace

Long
COINBASE:BTCUSD   Bitcoin
BTCUSD is currently at $56k. We've had very few weekly closes higher than that, and not a whole lot of volume. The $56-$58k area is the last bit of volume resistance. I suspect we will get a rest here before testing ATH. But once we break through, there's no more resistance up to ATH and obviously price discovery beyond that.

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.