BTC 55k or 50k This week ?

Zaktualizowano
Bitcoin rallied nicely after breakout of consolidate area 43k to42k on Feb 8th , now at 52 k it is oversold in weekly time frame if it has to continue uptrend a leg needed to put backward to 50 k area then resume uptrend.
Uwaga
Weekly Timeframe chart for reference
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Uwaga
Getiing there to 50 K
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Uwaga
Almost touched 50k took support at 50600 area now testingthe the trendline breakdown area of 51900 if this rejects and voilates below 50600 again we might see 49k comming days
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Uwaga
Back into consolidation area
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Uwaga
Still In Range
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Uwaga
50600 area testing multiple times
Uwaga
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Uwaga
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Uwaga
Might get below 50 K before Monday
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Uwaga
50600 support got held 55 k acheived above
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Uwaga
Still strong
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Supply and DemandSupport and ResistanceTrend Analysis

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