BTC Weekly Chart Update 26 March 2022
We’re about to have the bullish MACD cross on #BTC weekly chart that I said I was expecting. You can also check that the key levels and dates I’m pointing out today are the same I was expecting:
https://twitter.com/BlackTieCrypto/status/1504047252666556417
I still think the same.
Bitcoin has just closed its first full candle above Fib. 50% level traced from December 2021 after the drop in January 2022.
We need to see a weekly close above 45.2K for a confirmation to the upside.
All key resistances and support on chart:
– Current resistance: 45.2 (in blue)
– Next biggest resistances: 49.2K, 53.9K
– Biggest supports: 41.1K, 36.6K, 28.8K
All based on Fibonacci confluence on a weekly timeframe .
Enjoy.

