BTC can we avoid a dump on the weekly?

13 de fev. de 2022

BTC needs a strong close on the weekly above resistance at 43k to avoid a dump. I posted a bearish setup yesterday explaining my thoughts. We currently look like we are consolidating in a falling wedge with declining volume on the 4h. If we break up, I will be looking for 45k. This can invalidate my bearish thoughts as long as we get a strong close todays weekly candle. Very short term I am bullish but bearish in the near future.