Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 7, 2023
Technical Analysis and Outlook:
The coin price action blitzed under its completed Intermediate Outer Coin Rally of 29 ,200 and strategic pullback to Mean Sup 29 ,900 this week. Current price action suggests a vital decline to Mean Sup 26 ,900. The upside target scenario is the Outer Coin Rally of 30 ,000, and the extension to the Outer Coin Rally of
31
,700 and Key Res of the same price is not viable now.
The coin price action blitzed under its completed Intermediate Outer Coin Rally of 29 ,200 and strategic pullback to Mean Sup 29 ,900 this week. Current price action suggests a vital decline to Mean Sup 26 ,900. The upside target scenario is the Outer Coin Rally of 30 ,000, and the extension to the Outer Coin Rally of
31
,700 and Key Res of the same price is not viable now.