BitcoinLong
BTC/USDT ~ Weekly Overview
The past week's outlook for Bitcoin was significantly positive as the price level had a sudden surge after testing the support level of 25K. Weekly, BTC is up by 3.22%.
The current price level is also sustaining the bullish momentum that occurred during the past week, building the support zone below the 0.786 FIB level on the Fibonacci retracement table.
Considering the technical indicators, the RSI level is showcasing a bullish nature with the potential to break into the oversold region (70). The current level resides at 62.70.
Overall, the resistance levels for the world's largest crypto asset can be placed at
27K and 
29K, while the support levels can be placed at 
25K and 23K.
The current price level is also sustaining the bullish momentum that occurred during the past week, building the support zone below the 0.786 FIB level on the Fibonacci retracement table.
Considering the technical indicators, the RSI level is showcasing a bullish nature with the potential to break into the oversold region (70). The current level resides at 62.70.
Overall, the resistance levels for the world's largest crypto asset can be placed at
27K and 29K, while the support levels can be placed at 25K and 23K. 
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