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BTCUSD - Weekly price action
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What I'm seeing;
- The run down in March shows high volume, potential indicator that was a capitulation bottom.
- Weekly shows level at $8733 has been tested and held.
- Level at $10,300 shows multiple tests, meaning this level will most likely not hold if tested again.
- If we can pass the $10,300 level, I'm looking at the $14,690 level as the next potential high.
- The run down in March shows high volume, potential indicator that was a capitulation bottom.
- Weekly shows level at $8733 has been tested and held.
- Level at $10,300 shows multiple tests, meaning this level will most likely not hold if tested again.
- If we can pass the $10,300 level, I'm looking at the $14,690 level as the next potential high.
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