Weekly Bitcoin Analysis

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Weekly Bitcoin Analysis

Bitcoin / U.S. dollarBITSTAMP:BTCUSD
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Weekly Bitcoin Analysis As we can see, the price is moving and following the inner hexagonal shape. This shape is one of the price patterns that William Delbert Gann used to use. We notice that the price is moving within the price channel of the shape and often adheres to the squares of price and time movement. Therefore, there are upcoming weeks of utmost importance where we must observe the price behavior of Bitcoin. These weeks are indicated on the chart with blue lines. The current movement square ranges in price from 50362 to 66434, so the price may fluctuate within this range over the next six weeks. At the start of the week on 03-06-2024, we must monitor the price and update this analysis.

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