BitcoinLong
BTC/USDT ~ Weekly Overview
The previous week in the cryptocurrency market was dominated by concerns regarding the Securities and Exchange Commission (SEC) targeting Binance and Coinbase. As a result, the world's largest digital asset experienced a significant decline of approximately -3.60% over the course of the week. Currently, Bitcoin (BTC) is encountering substantial resistance above the 0.618 Fibonacci level and struggles to maintain sustainability above the EMA-50.
Nonetheless, there exists a robust support level for this cryptocurrency asset below the 0.786 Fibonacci level. It is essential to closely monitor the market fundamentals this week, as they will play a crucial role in determining the market's response. The resistance levels for BTC are anticipated to be situated at $26,000 and $28,000, while the support levels are projected to be at $25,000 and $23,000.
Nonetheless, there exists a robust support level for this cryptocurrency asset below the 0.786 Fibonacci level. It is essential to closely monitor the market fundamentals this week, as they will play a crucial role in determining the market's response. The resistance levels for BTC are anticipated to be situated at $26,000 and $28,000, while the support levels are projected to be at $25,000 and $23,000.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.