#BTC (weekly update)
Technical analysis:
Hello everyone, welcome to this quick update:-
For the First time Since April 2020, After 8th consecutive Weekly Candle Closed above the 50 WMA now Bitcoin weekly closed Below the WMA50 & Lowest Weekly Close of the Year As well.
So far Bears Looking Weak & Bitcoin is Still Moving Above the 30k Horizontal Support Area as...
There is the formation of a triangle in #SAIL and also it gave a breakout of 50MA if it give breraout of a triangle with volume then wait for a retest if gives good retest may go for upper levels
