BITCOIN | Longs above $10300 and $10500 w/Confirmation this Week
Hi guys,
Welcome back to another analysis.
Weekly chart of Bitcoin, volume is decreasing over the past months, with price going up, showing significant dominance of bulls over bears, to confirm this take, I want to see increasing volume on the upcoming weeks/months.
I will be convinced that the bulls are back if we have a weekly close above 10.3-10.5k.
Key levels to watch for:
$13284 (78.6% from ATH to 2019 bottom)
$13880 (2019 High)
Keep your risk mitigated,
Welcome back to another analysis.
Weekly chart of Bitcoin, volume is decreasing over the past months, with price going up, showing significant dominance of bulls over bears, to confirm this take, I want to see increasing volume on the upcoming weeks/months.
I will be convinced that the bulls are back if we have a weekly close above 10.3-10.5k.
Key levels to watch for:
$13284 (78.6% from ATH to 2019 bottom)
$13880 (2019 High)
Keep your risk mitigated,
Comment:
''Longs above'' resistance level tapped