Hello Friends!
This is a weekly look at Bitcoin’s chart.
Bullish case:
Needs to break out of the downward channel and take out $41.2K.
Bearish case:
If bitcoin breaks below $35.6k it will open the possibility of $29.2K being targeted. If $29.2 breaks, $25K will be the last support before it enters a longer bearish move.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
This is a weekly look at Bitcoin’s chart.
Bullish case:
Needs to break out of the downward channel and take out $41.2K.
Bearish case:
If bitcoin breaks below $35.6k it will open the possibility of $29.2K being targeted. If $29.2 breaks, $25K will be the last support before it enters a longer bearish move.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!