Technical analysis of BTC/USD 06/15/2022

Bitcoin has broken through the 27,000 level zone (61.8% Fibo) and is currently trading around 21,000 (MA 200) on the weekly chart.

In this regard, the technical picture suggests a continuation of the decline. Immediate support in zone 19,300 (2017 high).

The nearest resistance is the level of 27,000.

BTCUSDWeekly

Created by Joshua Hayn

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)
5.0 out of 5 based on 1 rating

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>