* Bitcoin is facing a rejection from a psychological resistance around $50k.
* Previous weekly candle closes below $50k forming a rejection candle with long wicks.
* To continue the further bull rally Bitcoin needs to break it's resistance level of $50k.
* Previous weekly candle closes below $50k forming a rejection candle with long wicks.
* To continue the further bull rally Bitcoin needs to break it's resistance level of $50k.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.