Bitcoin, Where Are We Now

Bitcoin, Where Are We Now

Technology
October 13, 2021 by admin
32
SUMMARY The weight of the multi-time frame technical evidence suggests that Bitcoin is still in an ongoing correction. Short term support is at 40,750. a.image2.image-link.image2-849-1456 { padding-bottom: 58.31043956043956%; padding-bottom: min(58.31043956043956%, 849px); width: 100%; height: 0; } a.image2.image-link.image2-849-1456 img { max-width: 1456px; max-height: 849px; } Bitcoin / Weekly The weekly chart of Bitcoin shown above continues


SUMMARY

The weight of the multi-time frame technical evidence suggests that Bitcoin is still in an ongoing correction. Short term support is at 40,750.

Bitcoin / Weekly

The weekly chart of Bitcoin shown above continues to suggest that the corrective phase since the all-time highs is still in force despite the strong bounce from the triple bottom that exte…


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