Bitcoin

Bitcoin weekly chart

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Hello World! Today I am going to analyze the weekly chart of Bitcoin

Within a weekly chart, the price of Bitcoin would have one more setback to the last zone of $33,000 since the volume within the daily chart is still very low, time passes and Bitcoin does not rise strongly, this is a very bad indicator.

This last setback that Bitcoin will have will be to take liquidity and be able to rise again within the weekly chart, this movement in theory should exceed the previous high, however if bitcoin on the weekly chart does not break the previous high it would be a change in trend what would make us visit prices close to $18,000.

Good luck! See you!!

Penafian

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