BTC/USD - Weekly Overview
BTC had a positive crossover against the crucial psychological mark of 25K. The breakout suggested that there is significant positive momentum prevailing for the world’s largest digital asset.
The RSI level is also trading at a bullish level (62.00) with the potential to have a positive breakout to the overbought region. However, the MACD level is looking vulnerable to a bearish crossover.
Overall, the resistance levels for BTC can be placed at
25K and 27K. While, if the profit booking momentum kicks in, support levels can be placed at 
23K and 21K.
The RSI level is also trading at a bullish level (62.00) with the potential to have a positive breakout to the overbought region. However, the MACD level is looking vulnerable to a bearish crossover.
Overall, the resistance levels for BTC can be placed at
25K and 27K. While, if the profit booking momentum kicks in, support levels can be placed at 23K and 21K. 
Penafian
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