BTC/USD (Bullish Weekly Candle?)

💎Technical Analysis Summary💎

BTC/USD

-The bulls showed their strength back after confirming the 40k dollar new key support
-The 40k dollar zone is a confluence of multiple factors like the S/R level, 50W MA, Fib 0.618
-This weekly candle is about to close in 3 hours, if this one closes above 46k that is a good sign
-A potential upside continuation up to its recent swing top around 52k dollar
-This will be an exciting week for the crypto space as I can see the market is back
-I am currently into swing trades right now and will add more to my positions soon
-Good luck everyone and make sure to plan your trades

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