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Bitcoin still holding Support trendline in weekly time frame!!
Bitcoin / Tether
Bitcoin still holding Support trendline in weekly time frame!!
By Bitking786
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Jul 12, 2021
1
Jul 12, 2021
#BTC (Update)
Technical analysis:
Hello everyone, welcome to this quick update:-
In Weekly Chart, Nothing Has Changed, Another Weekly Candle Closed Above the WMA50 (31880)..!!
8th Consecutive Weekly Candle Closed Above the WMA50 ✅
So far Bulls Defending the WMA50 (31880) But If Weekly Candle Closed Below the WMA50, Next Stop would be 24k..
If Bitcoin Remains Above it, Bitcoin Might Bounce Back towards 60k (Previous HIGH)
if Bitcoin Break down it, Bitcoin Might fall Back towards 20k ( Pervious low)
I believe things will change soon.
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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
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Bitking786
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In Weekly Bitcoin Chart, Nothing Has Changed,
by Bitking786
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