P95G BTC Market Weekly Report — Week of 09/28/2020

BTC/USD hourly chart

The Bitcoin had a volatile week of trading. The BTC price went below the $10,600 support at the beginning of the week and then dipped to $10,152. It had since rebounded and reached $10,986.

In order to continue the current bullish trend, the BTC price needs to stay above $10,800 and break above the resistance at $11,100. Otherwise, it would potentially test the $10,600 support again later this week.

Disclaimer: The above market commentary is based on technical analysis using historical pricing data, and is for reference only. It does not serve as investment or trading advice.


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