Tomorrow the weekly candle closes for Bitcoin (BTCUSD)... It all depends on this.
Notice the orange dotted and full trendlines on the chart above, then notice the current active candle...
A strong close this week above orange line can send Bitcoin flying up... But a weak close below the orange dotted line can send Bitcoin lower looking for support. Closing at current prices can send out some mixed signals... A new article will be shared tomorrow after the weekly close.
Below you can take a quick look at Bitcoin (XBTUSD) short-term... Tell me, what's your take?
This is Alan Masters... Thanks a lot for your continued support.