Weekly Chart: BTC give weekly closing near $28000 in back to back second week. It indicate that bulls able to hold previous week 26% jump. We can see a common doji candle pattern in weekly chart which means bulls and bears both are slow and not able too move too much. But it will win situation for bulls as they able to hold price for 1 week.

Support: $25300 and $22600 are good support on weekly chart and will be buying opportunity area.

Resistance: $28k-$32k is a resistance area as BTC hold this area in 2021 bull run as support. Successful breakout above $32k will open Target for $42k-$48k in coming months.

$weekly chart indicate that BTC will be give sideways movement in this area for next 2-4 week Which range can be $26k-$32k.

EVENT:

-Quarterly Expiry : March 31

- March CPI data will release on April 12

#bitcoin #BTC #technicalanalysis #Binance #cryptocurrency