AlphaTradeZone

BTC Weekly overview - #btc #crypto #bull #tatip

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BITSTAMP:BTCUSD   ビットコイン/米ドル
On the Weekly timeframe we can see that price has climbed above the Weekly block which has now turned into a very strong support. Price will look to hunt the VPVR Gap which is also in confluence with the 61.8% retracement. The bias here is bullish since there is no resistance to the upside and price can travel fast and violently there. Optimal longs would be at the Green box however there is a high chance that this area will get frontrunned.

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