For a more detailed analysis of the BTC/USD chart with the weekly resistance (black), daily resistance (red), and hourly trend (blue) lines, consider the following points:
Resistance Levels: Weekly Resistance (Black): This line indicates a stronger resistance level where the price might face significant selling pressure and move downwards. Daily Resistance (Red): This line represents a resistance level that acts over a shorter time frame compared to the weekly resistance. Hourly Trend (Blue): This line shows the short-term price trend, which can act as a support or resistance level. Price Patterns: Triangle Pattern: If the trend lines converge, a triangle pattern might form, indicating a period of price beware stop hunt til 59100
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