Bitcoin

#BITCOIN - Weekly Chart Analysis

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Previous two weeks were VERY volatile, volumes were huge, but that's not a secret for anyone. Both weeks closed inside the bullish flag. So, we have two options:

  • BTC trades in the range between $6300 and $6000, then heading towards the upped border of the channel for some time - then broke one, which leads to the "Z" point.
  • BTC trades in the range between $6300 and $6000, but then goes lower in order to re-test the support of the channel once again - then goes upwards and break through the resistance.


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