📊 $BTC | WEEKLY OVERVIEW
Bitcoin showed a very strong upward impulse and formed a convincing bullish candle, which has already brought the price close to an important resistance zone near $78,150.
If the weekly close remains as strong, I would expect not a deep selloff, but rather a short correction to build a new impulse.
So over the next few days, a possible scenario is:
📈 strong move →
📉 shallow pullback →
🚀 a new attempt to continue the upward move.
This week, the correction could fully become part of the bullish scenario, rather than a signal of a trend change.
Bitcoin showed a very strong upward impulse and formed a convincing bullish candle, which has already brought the price close to an important resistance zone near $78,150.
If the weekly close remains as strong, I would expect not a deep selloff, but rather a short correction to build a new impulse.
So over the next few days, a possible scenario is:
📈 strong move →
📉 shallow pullback →
🚀 a new attempt to continue the upward move.
This week, the correction could fully become part of the bullish scenario, rather than a signal of a trend change.