Bitcoin on the weekly charts!
Last time Bitcoin was in upside price exploration mode it went on for around ~7 weeks. We then saw a price action of +53%.
Since Bitcoin have retested support at ~$104,530 on the weekly close, I believe we will from now on see a positive upside movement of price. This upside trend will most likely keep going for 6-8 weeks!
If history rhymes we could reach 150k, before we see a cool down this time.
Last time Bitcoin was in upside price exploration mode it went on for around ~7 weeks. We then saw a price action of +53%.
Since Bitcoin have retested support at ~$104,530 on the weekly close, I believe we will from now on see a positive upside movement of price. This upside trend will most likely keep going for 6-8 weeks!
If history rhymes we could reach 150k, before we see a cool down this time.
NorseCrypto
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.
NorseCrypto
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.