Bitcoin (BTC/USD) - Trend, Resistance, Support - Weekly - 2021
Bitcoin (BTC/USD) has been in a weekly uptrend for the past five years (2016 to 2021).
BTC price is currently seeking to re-test previous all-time-high prices of $60,000 to $65,000.
Bullish scenario:
-Weekly uptrend continues, resistance levels are broken up above, higher-high is set.
-Resistance prices: $60000, $62670, $65000, $70000, $79604, $96068.
Bearish scenario:
-Weekly lower-high is set, price is rejected back down to previous support levels.
-Support prices: $46253, $37810, $31378, $25000, $20739, $12097.
Note: BTC chart is on logarithmic (log) scale.
BTC price is currently seeking to re-test previous all-time-high prices of $60,000 to $65,000.
Bullish scenario:
-Weekly uptrend continues, resistance levels are broken up above, higher-high is set.
-Resistance prices: $60000, $62670, $65000, $70000, $79604, $96068.
Bearish scenario:
-Weekly lower-high is set, price is rejected back down to previous support levels.
-Support prices: $46253, $37810, $31378, $25000, $20739, $12097.
Note: BTC chart is on logarithmic (log) scale.
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Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.