Bitcoin -> Be Ready For The Next Move

Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

From a weekly perspective Bitcoin just recently had a massive 50% pump towards the upside without any noticable correction.
Therefore, it was quite expected that we will at least have a short term retracement, which the market is currently providing. However since we are now testing previous weekly resistance, turned support, I do expect the continuation towards the upside from here.

On the daily timeframe we can see the same picture, the market is about to retest a previous daily resistance zone; I am now just waiting for a deeper retracement before I do expect the continuation towards the upside.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/BTCUSDT/dCjuX2sL-Bitcoin-More-Potential-To-The-Upside/