Hello all and welcome to my channel.
Looking at BTCUSD on the weekly timeframe we see that the price of BTC is at very critical support at 23k.
For the price to get really bearish the price must break 23k, 21k, 20k, and then the Fixed Range Volume Profile point of control and the greater support which sits at 19k .
Also Keep an eye on the stock market, and especially the DXY to maintain the $105 level and hopefully the Double top on daily doesn’t play out.
On a Bullish side, the 200 Cm_Ultimate indicator is flashing a buying signal. Shall this 23k level hold and be a strong support, we can see a price surge. Lets see what this week unfolds.
Thanks and stay tuned. Enjoy, and comment below.
Looking at BTCUSD on the weekly timeframe we see that the price of BTC is at very critical support at 23k.
For the price to get really bearish the price must break 23k, 21k, 20k, and then the Fixed Range Volume Profile point of control and the greater support which sits at 19k .
Also Keep an eye on the stock market, and especially the DXY to maintain the $105 level and hopefully the Double top on daily doesn’t play out.
On a Bullish side, the 200 Cm_Ultimate indicator is flashing a buying signal. Shall this 23k level hold and be a strong support, we can see a price surge. Lets see what this week unfolds.
Thanks and stay tuned. Enjoy, and comment below.