#BTC for almost 6 months, from ATH, the price has created lower weekly highs than the previous ones, without ever managing to break the key resistances, this is an important signal, if it were to close this week below 56k, a period of uncertainty would be confirmed and the price could continue to fall to 44k. It is important to keep the risk low these days and wait for positive signals before buying.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Bitcoin Weekly Analysis
#BTC for almost 6 months, from ATH, the price has created lower weekly highs than the previous ones, without ever managing to break the key resistances, this is an important signal, if it were to close this week below 56k, a period of uncertainty would be confirmed and the price could continue to fall to 44k. It is important to keep the risk low these days and wait for positive signals before buying.
Only short term trades are Recommended.