BTCUSD weekly (21/05/2022)

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

AVNGL01

Quick analysis of Bitcoin ;

Today we are going to see the extended flag model that is forming the price of the BTC /USD pair in weekly candlesticks , below we have left the acclaimed 200-period moving average (200MA), an RSI with touches on the relative outside lows and a possible trend change in the next 3/6 weeks.

I hope you like this simple and useful graphic model with a lot of perspective.

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