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#BTC Price Action 📈 - Monday Technical Analysis
$BTC analysis from last week hasn’t changed much.
We saw Bitcoin ranging between $78k - $82k throughout last week.
This signifies one thing: the bulls are still in control. That’s why BTC held the $78-79k support level. This sentiment made some ALTCOINS make a strong move last week.
So what are we expecting from Bitcoin this week?
The key levels remain the same:
===> $78-79k as the next key support zone
===> $84k as the weak resistance zone the market is likely to approach.
In summary - If Bitcoin holds this level, we might see more bullish momentum in altcoins this week. That means the bulls are still in control of the market until BTC breaks and closes below the $78-79k support zone on the D1 timeframe.
If you found this weekly analysis helpful, make sure to like and share.
— Kayode Ola
$BTC analysis from last week hasn’t changed much.
We saw Bitcoin ranging between $78k - $82k throughout last week.
This signifies one thing: the bulls are still in control. That’s why BTC held the $78-79k support level. This sentiment made some ALTCOINS make a strong move last week.
So what are we expecting from Bitcoin this week?
The key levels remain the same:
===> $78-79k as the next key support zone
===> $84k as the weak resistance zone the market is likely to approach.
In summary - If Bitcoin holds this level, we might see more bullish momentum in altcoins this week. That means the bulls are still in control of the market until BTC breaks and closes below the $78-79k support zone on the D1 timeframe.
If you found this weekly analysis helpful, make sure to like and share.
— Kayode Ola
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