Bitcoin on the weekly time frame is looking primed for a move to $28,000 and above.
The next fib level and the trend line will both act as resistance at $28,000 but as long as we get above this level and close above it btc will be in good shape to continue to the upside.
Analysis on the weekly time frame takes time to play out. If we continue to the upside and create a higher high on the weekly time frame look out for everyone calling this the start of a bull market.
The market is finally starting to move so expect more analysis.
What’s everyone think?
The next fib level and the trend line will both act as resistance at $28,000 but as long as we get above this level and close above it btc will be in good shape to continue to the upside.
Analysis on the weekly time frame takes time to play out. If we continue to the upside and create a higher high on the weekly time frame look out for everyone calling this the start of a bull market.
The market is finally starting to move so expect more analysis.
What’s everyone think?