Daily vs weekly
Daily – has been trading between circa $46K-$51K. Has been forming a base around $46K. If this level is breached, next major support is around $40.5K-$41K. However, a daily close above $51K would be bullish
Weekly – no so good. Momentum indicators are trending lower. A weekly close below $46,700 would be negative.
Daily – has been trading between circa $46K-$51K. Has been forming a base around $46K. If this level is breached, next major support is around $40.5K-$41K. However, a daily close above $51K would be bullish
Weekly – no so good. Momentum indicators are trending lower. A weekly close below $46,700 would be negative.