April 2, 2026

BTCUSD Analysis Feb 27, 2022

BTCUSD Analysis Feb 27, 2022

BTCUSD Analysis Feb 27, 2022

BTCUSD Analysis Feb 27, 2022

BTC/USD COINBASE:BTCUSD
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BTCUSD Analysis Feb 27, 2022

On the weekly timeframe we are about to see a rejection of the previous level of support one this candle closure. I am still anticipating more downside movement here regardless because we are below the 40k resistance level .


snapshot

Shorts should be taken from the $40k level and the target should then be the 32k area. When we go to the h4 timeframe we can see that we are at the 38.2% fib level.

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