Bitcoin Weekly analysis:
Bitcoin is now at the last defense point for this bull run. The weekly 50 MA and trendline support is there. BTC need to hold weekly candle above both the trendline and the 50 MA. If BTC holds above both then in coming weeks we will see a retest of $60,000 on weekly chart. If BTC breaks this support then we see more downward movement for next few weeks. Crucial time for Bitcoin.
