2024.9.29
⚪️ Weekly Technical Analysis
On the weekly timeframe, Bitcoin price action has broken through the resistance trendline of the descending wedge and descending triangle patterns. 📈🔺
Currently, price action is encountering horizontal resistance between $69,961 and $65,730. 📊
⚪️ Summary
Currently, price action is being affected by its resistance level and needs to convert that resistance level into support level in order to show further strength in price action. 💪