BTC/USDT ~ Weekly Overview
The world’s largest cryptocurrency was struggling to have a positive crossover above the crucial mark of 30K.
Towards the end of the week, selling pressure kicked in which forced the price level to drop below 28K.
On a weekly setup, the BTC price level is trading at the lowest region in the Fibonacci Retracement while the RSI suffered multiple breakdowns to the oversold region.
Overall, the support levels for BTC can be placed at
27K and 
25K, respectively. If the bulls are able to make a bounceback, resistance levels can be placed at 30K and 32K.
Towards the end of the week, selling pressure kicked in which forced the price level to drop below 28K.
On a weekly setup, the BTC price level is trading at the lowest region in the Fibonacci Retracement while the RSI suffered multiple breakdowns to the oversold region.
Overall, the support levels for BTC can be placed at
27K and 25K, respectively. If the bulls are able to make a bounceback, resistance levels can be placed at 30K and 32K. 
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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.