Bitcoin important weekly analysis

by David

Bitcoin weekly

EMA21 on weekly.This moving average is very important support level . Curently is around 40-42k which is normal strong support level .

So, if bicoin goes up, then can't go below this level (weekly candle close with body)

This chart looks bullish .

Bitcoin Dominance Still in strong beartrend. It means alts should go extremle up.

snapshot

Total market cap Going up according our scenario. This chart look also bullish .

snapshot

Bullish fundament Two stable coins in top 10, these money are ready for buy.

It is important to wait for break. In case of bearish reaction is possible test level around 16k.