In today's video, we'll be checking the price for BTC/USD, its movement and behavior throughout the past week, and how it might affect its future price.
Video Length: 00:08:04
Bitcoin is making a breakout to the upside with yesterday, Friday, candle and we have two more days until this week ends.
As it looks the price will try to reach 41000.00 in the following week if this week ends above 38533.00 level.
Bitcoin is in the bullish momentum and on the weekly time frame is moving out from the uptrend channel. This shows bullish strength that could pushe the price up to 41.000.
Before the price reaches 41000.00 we have 40200.00 on the daily time frame that needs to be broken.
Currently there are no bearish signals on the market so I am not expecting to see the price reversing down next week.
Disclaimer: Any Advice or information is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. ...
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