Bitcoin Weekly Chart Update
Last week BTC bounce back from the 50% retracement area.
The candle closed bullish and also engulfed the red body of the previous week.
Currently the weekly chart having a Lower High within the context of an uptrend, watch for the trendline break to continue higher.
Weekly Resistance 1: 52920
Weekly Resistance 2: 59500
Weekly Resistance 3: 64850
Weekly Support 1: 39600
Weekly Support 2: 30000
The candle closed bullish and also engulfed the red body of the previous week.
Currently the weekly chart having a Lower High within the context of an uptrend, watch for the trendline break to continue higher.
Weekly Resistance 1: 52920
Weekly Resistance 2: 59500
Weekly Resistance 3: 64850
Weekly Support 1: 39600
Weekly Support 2: 30000
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