BTC has entered a historical demand area that has preceded reversals in early & mid-2021
These reversals both 1W Closed above the orange support in green
If BTC price will Close below Green line it shows that price may further fall so we hope to see price 1w close above demand zone(yellow) in end of the week.
A 1W Close below Yellow line on the chart could mean that green overall is faltering but plenty of time until 1W Close.
These reversals both 1W Closed above the orange support in green
If BTC price will Close below Green line it shows that price may further fall so we hope to see price 1w close above demand zone(yellow) in end of the week.
A 1W Close below Yellow line on the chart could mean that green overall is faltering but plenty of time until 1W Close.