BTC - a different view!!

A simple chart can tell you so much, without indicators and other tools, sometimes the view can be so clear.

Taking a look at BTC we see the first challenge it needs to overcome is the last high at 52K which was in late august.

After we close above that price on the weekly chart we can expect to see 60k btc. Again, we will battle that area and upon close above there we will surpass the last ATH and create new highs!

However if we fail to close above 52K this week, we can expect some short term retracement.

- Line charts are crucial in determining direction of price, as they represent the closing price.