BTC Analysis: 1. BTC weekly closed today at above 20.5k which is good showing strength closing above 2017 ATH
2. Lower Time Frame wise has a good move in BTC now seems to be above 20.4k an important area.
3. For moving up higher it should held support in the white box region as shown in chart.
4. If it breaks clean above 20.8k then can position breakout long into the back range targetting 22.8k from which will decide further move up or down.
5. If it starts closing below the white box can enter short scalp targetting below near 18.2k
Use proper SL and risk management while trading
