Bitcoin Price Weekly Outlook

Bitcoin buyers made a nice push to $94,000 resistance again last week, but the price promptly sold off again from this level to close the week out at $90,891. Sunday’s close gave us a doji candle, indicating indecision and a potential reversal back in the bears’ favor. The bulls are once again looking lethargic as they lack the follow-through necessary to overtake resistance. Bears are in the driver’s seat heading into this week. Look for them to try to push the price down through the $87,000 support level to make another attempt at breaking $84,000 support.

Key Support and Resistance Levels Now

The bulls are looking for support at the $87,000 level…

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