We are leaving behind a week when Bitcoin (BTC), the world’s largest cryptocurrency by market value, reached levels not seen since the beginning of March and forced 45,000 dollars. Many analysts consider weekly closes to be important for BTC to continue its path above certain levels. So, what were the thoughts on the last weekend of March? Here are the comments of five analysts…
Weekly close for Bitcoin is almost here: What are the analysts saying?
First of all, JrKripto, which is followed by 154 thousand people, points to $45,500 and $46,200 as strong resistance levels in Bitcoin. The analyst points out that Bitcoin usually makes significant price breakout movements over the weekend, and if $45,500-46,200 is exceeded, the first target is $52,300; He states that if it is not exceeded, the target is $41,600.
On the other hand, known as “altcoinrookie” with nearly 290 thousand followers. Rookie says that Bitcoin is trying to break the $45,000 resistance for the third time. As we have also reported as Kriptokoin.com, BTC has approached $ 45,000 this week. Thinking that the liquidity zone for BTC is at $52,000 on the weekly chart, Rookie states that “this time the resistance will be broken and the target will be at $52,000.”
“Final” coming?
Paradotor (Enes Turan), who has about 750 thousand followers, was talking about five different resistances for Bitcoin: 41,600, 43,600, 45,400, 53,000 and 57,000 dollars. The analyst points out that $ 41,600 is exceeded among them, and says that in case of exceeding $ 43,600 and $ 45,400 from a weekly perspective, the possibility of testing $ 53,000 and $ 57,000, which he describes as “the two strongest resistances”, will arise. The analyst ends his comment with the words “final is coming”.
Bozokcoin (bozok6) for BTC in a recent tweet Drawing attention to the $43,800 and $45,500 range, he said, “The level they want to close weekly is above 43800… so our band gap is 43800-45500….” Erhan Ünal, followed by 420 thousand people, shared the graphic below, saying “We will be where we want in the final, those who are patient will win”:
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