Bitcoin - HTF View: Weekly

Because of a lot of noise on LTF I decided to briefly overview weekly timeframe. The current chart has a daily timeframe for greater clarity.

Resistance here is a block $7000-7300, so to turn really bullish bitcoin needs to hold up above weekly resistance, purple thing on the chart.

So, I think until we close above $7300 any growth even up to 7200 can only be considered as a resistance test.

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Information is just for educational purposes, never financial advice. Always do your own research.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDcryptocryptoanalysiscryptotradingHTFSupport and ResistanceTrend AnalysisxbtXBTUSD

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