A widely followed crypto analyst says Bitcoin (BTC) is continuing onward and upward, revisiting an old resistance level.
“BTC is holding the 200-week MA as support for the third week in a row…
BTC has successfully retested the 200-week MA as support and has enjoyed some continuation to the upside.
In doing so, however, BTC has revisited the same resistance price had rejected from a few weeks prior
Red is the resistance to beat”
BTC is going for $24,309 at time of writing, up over 5% on the day.
“If DOT is able to Weekly Close inside this green-green range…
Then it will be able to enter a bout of re-accumulation before further upside
Of course, DOT would need to hold $9.27 as support to enable that re-accumulation.”
Currently, DOT is at $9.47, way over Rekt Capital’s target, and up 10% since yesterday.
“ROSE / USDT –
Rallied over +40% by now, almost reaching blue resistance
At this stage, ROSE needs a Weekly Close above ~$0.12 (blue) to confirm further upside.”
ROSE goes for $0.099 at time of writing, down 5% over the last 24 hours.Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/eliahinsomnia/PurpleRender