#BTC/USDT Weekly Update! $58k first!
Updated
#BTC Weekly:
Closed red at $54,881. Holding the
54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the 
48K and 43K levels (as mentioned in my previous article on BTC).
The key focus right now is maintaining the54K level.
If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon.
That said, as long as we hold the current level, we could see a retest of 58K to capture liquidity.
BTC Daily:-
The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today.
Stay tuned, and I’ll keep this chart updated.
Hit that like button and share if you like it.
Thank you
#PEACE
Closed red at $54,881. Holding the
54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the 48K and 43K levels (as mentioned in my previous article on BTC). The key focus right now is maintaining the
54K level. If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon.
That said, as long as we hold the current level, we could see a retest of 58K to capture liquidity.
BTC Daily:-
The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today.
Stay tuned, and I’ll keep this chart updated.
Hit that like button and share if you like it.
Thank you
#PEACE
Trade active
This is how the daily chart kooks.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
Bingx:- bit.ly/4000USDTBonus
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
Bingx:- bit.ly/4000USDTBonus
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.