Our weekly analysis of Bitcoin shows signs of a primary reversal in search of what appears to be wave 5. There is an initial crossover of the MACD moving averages with other indicators following the trend.
The possibility of touching the support marked by the EMA100 at 25912.72 is not ruled out.
Two high points of inflection are identified: CKT bearish at 55031.34 and the upper Bollinger band at 60784.86.
Buy CME region: between 31218.25 and strong resistance at 40k.
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