BTC/USD Weekly Analysis: Testing Resistance
On the weekly chart, Bitcoin is currently facing pressure along a key descending trendline, clearly marked by three distinct falling peaks (lower highs). As the price compresses within this structure, we are approaching a critical inflection point. Watch closely for a decisive breakout above this resistance to signal a bullish reversal, or a fourth rejection that could lead to further downside.
On the weekly chart, Bitcoin is currently facing pressure along a key descending trendline, clearly marked by three distinct falling peaks (lower highs). As the price compresses within this structure, we are approaching a critical inflection point. Watch closely for a decisive breakout above this resistance to signal a bullish reversal, or a fourth rejection that could lead to further downside.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.