In the previous forecast we talked about a dead zone for Bitcoin, so what?

We successfully gained a foothold above it.

Breaking through this zone would mean breaking through weekly support #Bitcoin

On the daily timeframe, the trend change zone was between $60-52,000. This is the distance between the 100EMA and 200EMA lines.

What's happening now?

The slide shows limit orders for buying and selling from 500 btc. The largest limit is at 76,900 . When analyzing volumes, you can see how Bitcoin has passed all the main resistance in terms of volume and has now tested it.

On the weekly chart the picture looks like this.

Dynamic trend support indicated

We barely touched the moving average for the month, which is a good sign.

Bitcoin never goes below the 8EMA line in a month in a bull market.

Conclusions: we know the benchmarks to which Bitcoin can adjust.

We saw confirmation that the trend remains upward.

If you close the month above $62,100, there is nothing to worry about.

$BTC #crypto #btc #dofa_trading