LuckyTradez

Bitcoin (BTC) - Weekly view, where to next?

BITSTAMP:BTCUSD   بتكوين
BTC pushed nicely today and as expected, all Crypto Twitter was talking about it.

Anyway, as we already know the major trend line was broken soon after corona and than retested it after being denied at 12,3k levels.

Now BTC is making another move towards 12k level, if it gets rejected again, we could fall to 8,5k levels and form a new higher low, which can be seen on chart.

As you can see, BTC ist still 66% from ATH, so there is still time to join the ride, we will see ATH soon, especially if we break the 12,5k level resistance zone.

where do you think it will go.
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