BTC 55k or 50k This week ?
已更新
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.
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Weekly Timeframe chart for reference 注释
Getiing there to 50 K 注释
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 注释
Back into consolidation area 注释
Still In Range 注释
50600 area testing multiple times注释
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Might get below 50 K before Monday注释
50600 support got held 55 k acheived above 注释
Still strong 
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