The first thing that worries me about the weekly time frame of Bitcoin is the repetition of the pattern formed in 2021, which had a growth after the resistance and ATH break and then a sharp drop.
If there is an appropriate reaction on the drawn surface, this analysis will fail
If the drop is confirmed, I consider the range of 50-45 suitable
On the other hand, it has experienced 175 days of sharp growth, and it cannot grow more until new capital enters it.
If there is an appropriate reaction on the drawn surface, this analysis will fail
If the drop is confirmed, I consider the range of 50-45 suitable
On the other hand, it has experienced 175 days of sharp growth, and it cannot grow more until new capital enters it.