Big Question: Bitcoin, towards critical resistance zones and Fibonacci retracement levels on a long-term weekly basis (chart) On the far right side BTC has started to test these upper boundaries (noted with an arrow) — this analysis discusses how price may respond at key levels as we have seen in the past. Bitcoin Ignores A Rest But Will It Consume Resistance Or Reverse? Pay attention to these levels to get a feel for market sentiment and possible areas of reversal.
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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.