Bitcoin weekly chart. There is a wedge with convergence, indicators are also overheated by the sale. Last week's candle was a reversal, which is a very good signal. I still leave the possibility of going to 6000, if so, then convergence should increase and create an even stronger impetus for growth. The 6000 range is very strong, a lot of trading was done on it. Volumes are also declining now.
Trade closed: target reached
Bitcoin weekly chart. The goal is achieved, the deal can be closed. Profits range from 25 to 50 percent.
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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.