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Weekly Closing Hours Left in Bitcoin (BTC)! What are the Important Levels?
Only 1.5 hours left until the weekly close in Bitcoin.
We have come to the end of another week in the crypto market. As of this week, crypto assets have been seen to exhibit volatile movements. The fact that Ripple received positive news from the SEC case made all altcoins, especially XRP, experience serious rises.
As of this evening, weekly closings will take place in the crypto money industry. The leading cryptocurrency Bitcoin (BTC) will close this week's candle in 1.5 hours.
Although the weekly candle seems to close in green for now, the fact that BTC rose and fell to $ 31,800 during the week caused the structure of the weekly candle to return to bearish.
What Will Happen in Bitcoin (BTC) Next Week?
When we look at the weekly outlook of the leading cryptocurrency Bitcoin (BTC), it is observed that it was again rejected from the 31 thousand – 32 thousand dollars resistance zone.
The fact that Bitcoin has not been able to break through this resistance zone for weeks is causing investors to worry. The failure of BTC to exceed the $ 31 thousand - $ 32 thousand resistance zone again in the next week may cause sharp decreases.
In such a scenario, BTC, which is expected to fall to the support levels of 25 thousand dollars in a short time, will cause a serious loss of value in altcoins.
Altcoins, which have been showing upward movements with the recent rises of XRP, may experience serious decreases if Bitcoin loses 30 thousand dollars next week.
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