Bulls_action_trading

Bitcoin on weekly

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COINBASE:BTCUSD   Bitcoin
Hello to everybody,

let's have a look to bitcoin chart on weekly timeframe.

Today is 14/02/2022 and price is around 42k. Weekly candle close extremly bearish but price goes still sideways.

In case of drop down could bitcoin go to 26-19k, there is a gap which could be filled in the future.

If bitcoin is bullish, then will go to next fibolevel around 51-58k.

Market is tricky, many fundament news are coming. It's better to stay out and only monitoring the situation.
Komen:
For next move up to 47-51k is imsportant to close daily candle above 44,500USD
Komen:
I am not fractal trader, but check bitcoin in the past.

Penafian

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