CHECK OUT LASTEST BITCOIN TECHNICAL ANALYSIS FOR THE DAYšŸ”„

ā€¼READā€¼

BTCUSDT

Has finally given a daily candle close above the weekly resistance at around 28k breaking the local trendline resistance at the daily timeframe .

So, technically this 28k region should be a support now and the next level of interest is the First Trouble Area ( FTA ) around 30k which got tagged yesterday on the fake news that came out about BTC ETF being approved .

The picture on the weekly timeframe is also looking bullish while the price stays above 28k resistance . If we do get a weekly closing like this (for which we unfortunately do have to wait for another 5 days ) , a confirmation of sorts will be there for a further rally .