#Bitcoin closed nearly a Engulfing on weekly TF, price touched the $60,000 and came rejection too. Price entered the Major Support Zone, and now holding too. Nearly a last structural support area, and high chances of the bounce from here.

#Bitcoin MVRV Momentum shows $BTC has been in a downtrend since breaking below $66,750 in June and the trend hasn't changed since!

#Bitcoin trying to push towards the $60,000 level and already trading with the major resistance zone. A small consoldiation was created which broked successfully. Now, we need to see a Daily Candle closure over $60,000 and H4, closing will be the early indication.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, driving up from the major support zone and approaching towards key resistance area and physiological area around $65,000. Let wait for the price to reach out there and look for the rejection or break to make further move clarity.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF,trying to get a reversal and also broking the resistance area of $60,000 mark. Price nearly tapped into resistance and rejecting. A close above $60,000 is good but $65,000 - $66,000 will stand strong here.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, made a further move towards the targets and now flipped above the resistance zone of $65,000. Now, we need to see the weekly closing. That will the strong indication for the buyer confidence.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, retesting the zone as resistance and its a key flip area of the market too. Price need to see some sort of strong candle close over the zone by this week or next week. We can see All Time Highs very soon.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, did attempted the move but retraced back to the support zone to the and retracted too. Expected the whole move up from here for next week.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, closed candle very decent and saw a sell-off due to fundamental news. News Aligned with the price action and levels and currently, price is rejecting the support zone of support zone around $62,000. Its a range now, need to wait for the next weekly closings.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, rejected sharply from the support zone and approaching the a flip level of $64,500 - $65,000. Its now stuck in a range now, need to see some sort of price movement of the $65,000 again with a Healthy Daily and Weekly Closings.