With bitcoin flying around again one likely wonders – where will it go next? Best way to get perspective on that is to sometimes take a step back in time. As in the time frame you are looking at to clear the noise and see some obvious price points.
We do this by looking at the weekly chart rather than the daily. Each candle represents a week’s worth of time and allows us to see a big picture and the levels where price reversed or bounced in the past over the course of a day or days.
Looking at the chart at
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