ChartSavant

Analyzing Bitcoin on the weekly time frame ๐Ÿ“ˆ

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has managed to surpass its previous peak in recent days, but it is still within the red zone (resistance). If it closes its weekly candle below this red zone, we can expect a correction towards the levels of 50,000 and 44,000. Then, a strong upward movement with targets at 72,000 and 78,000 could follow! ๐Ÿš€

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.