BTCUSD has been holding the 200MA (Orange) on the WEEKLY chart and looks to be testing resistance, eying the 55MA and 100 Moving Averages around $5900.
Currently we have several green weekly closes with today looking to close green as well, making it likely that this weekly candle will also close in the positive.
Moving into the Daily chart gives us a closer look at the current action.
Currently we have several green weekly closes with today looking to close green as well, making it likely that this weekly candle will also close in the positive.
Moving into the Daily chart gives us a closer look at the current action.
