In Bitcoin first attempt to retest the 8W SMA, BTC failed to hold it as support. At the same time BTC Weekly RSI is at the support level.
1) The 20W SMA is now $50.8k and the 21W EMA is $52.8k.
2) The 8W SMA is now $60.5k.
3) BTC Weekly RSI is now at a support level, which can be broken then reclaimed during the week.
CONCLUSION !
1) A retest for the 21W is likely in the cards.
2) Considering the 0.702 Fib level, now 64k is back as a major resistance.
1) The 20W SMA is now $50.8k and the 21W EMA is $52.8k.
2) The 8W SMA is now $60.5k.
3) BTC Weekly RSI is now at a support level, which can be broken then reclaimed during the week.
CONCLUSION !
1) A retest for the 21W is likely in the cards.
2) Considering the 0.702 Fib level, now 64k is back as a major resistance.
Unless you figure a way to make money while you sleep, you’ll work till you die.