Bitcoin Monthly & Weekly Analysis
Analysis by
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Hello, dear followers! How are you doing? Today, I’m sharing a comprehensive #bitcoin☀️ analysis starting from the monthly timeframe down to the daily. In the first attached chart on the monthly timeframe, we can see that, after failing to break through the resistance at £73,574.00, Bitcoin declined to test support around £59,422.60. It also failed to break this support level downward, prompting the bears to push the price back up. It appears Bitcoin may now be headed to retest £73,574.00. Should it break this resistance and establish it as support, we could see some consolidation here before the price continues toward £93,385.96.