$BTC The Weekly Profile
I need to clarify something about the weekly profile!
While we do trade crypto 24/7 the classic weekly profile is calculated from Monday to Friday.
I may have presented this somewhat misleadingly.
This doesn't mean that significant price movements can't occur over the weekend but the weekly profile reflects the activity from the trading days of Monday to Friday. As shown in the image, we see a range of less than 2% up and down over the weekend.
The real movements occur during the week and that's when we should pay attention to the interests and economic news that could additionally impact our technical analysis.
As is evident we're experiencing a bearish week that may be attempting to set up a shakeout before a potential rally due to Trump's inauguration.
