CryptoSanders9563

BTC/USD weekly time frame UPDATE !!

BITSTAMP:BTCUSD   Bitcoin
Hello, welcome to this BTC /USD weekly time frame chart update by CRYPTO SANDERS.

I have tried to bring the best possible outcome to this chart.

CHART ANALYSIS:- BTC bounced off the historical trendline and declined below support on the weekly time frame with a solid bullish volume. The bulls also recaptured the powerful horizontal support, which shows the strength of the bulls.

Currently, the bulls are facing the previous lower high resistance at $21.5K. We need to look for an effective breakout of the falling wedge, which would confirm a solid rally in the market.

This is not a piece of financial advice.
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