50 Things Worth Noting on the BTC Weekly Chart
A quick look at a couple of important indicators here on the weekly:
1. Note that the weekly RSI is struggling to stay above 50. We can see what happened the last time Bitcoin failed to stay above this crucial level. Is this foreshadowing a further bear market ahead?
2. The weekly 50MA is now around 7650 and we may challenge it again soon. Normally, this would be considered a strong support area, but volume has been very weak. Should Bitcoin close a candle below it, this would be yet another bear market signal.
Keep an eye out and trade safe.
1. Note that the weekly RSI is struggling to stay above 50. We can see what happened the last time Bitcoin failed to stay above this crucial level. Is this foreshadowing a further bear market ahead?
2. The weekly 50MA is now around 7650 and we may challenge it again soon. Normally, this would be considered a strong support area, but volume has been very weak. Should Bitcoin close a candle below it, this would be yet another bear market signal.
Keep an eye out and trade safe.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。