BITCOIN .......WEEKLY REVIEW
What did we have? .. this week .... ??
The Bitcoin rose from the 3600 levels in the direction of 4000 while crossing the average 50 upwards ... The resistance area was 4100-200...
The currency reached the resistance zone and got a strong roof today and fell strongly to the levels of 3700-800, stopped on a horizontal resistance line 3710-20, and is currently recovering slightly above it. We will see if it holds above it.
Subsidies in 3720. And the area 3625-75. As long as they are above them, there is another potential to continue north ..... Break down and the next stop is 3400-50, 3200, 3000-50 .... and the abyss ... 2000.
The 4100-200 area is currently strong resistance and still not strong enough to break yet another attempt or two and we will think further north ...
The annoying thing in Bitcoin is that in half an hour he dropped $ 400 without an answer ... that is, he is subject to terrible speculation.
Maybe it's the first swallow... The money is sealed, Otto ... Time will tell ...
As long as the tap is open, everything has gone up from stocks, bonds, commodities to crypto coins. This coming week will be a real test of where we are headed.
We are optimistic but ready for any scenario including stocks, which may be some kind of negative marker ... maybe
DAY
HOUR
WEEK
The Bitcoin rose from the 3600 levels in the direction of 4000 while crossing the average 50 upwards ... The resistance area was 4100-200...
The currency reached the resistance zone and got a strong roof today and fell strongly to the levels of 3700-800, stopped on a horizontal resistance line 3710-20, and is currently recovering slightly above it. We will see if it holds above it.
Subsidies in 3720. And the area 3625-75. As long as they are above them, there is another potential to continue north ..... Break down and the next stop is 3400-50, 3200, 3000-50 .... and the abyss ... 2000.
The 4100-200 area is currently strong resistance and still not strong enough to break yet another attempt or two and we will think further north ...
The annoying thing in Bitcoin is that in half an hour he dropped $ 400 without an answer ... that is, he is subject to terrible speculation.
Maybe it's the first swallow... The money is sealed, Otto ... Time will tell ...
As long as the tap is open, everything has gone up from stocks, bonds, commodities to crypto coins. This coming week will be a real test of where we are headed.
We are optimistic but ready for any scenario including stocks, which may be some kind of negative marker ... maybe
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.