For key levels of the week, we review analyst Rakesh Upadhyay’s analysis of BTC and altcoins. Bitcoin technical analysis Bitcoin is showing the first signs of recovery at $57,000. The bulls’ strongest resistance is at $58,521. Closing below the descending channel below could intensify the sell-off and deepen the decline to $40,000. The correction will end after $60,000. On the 4-hour chart, the RSI is a bullish spot, indicating that selling pressure could drop.
For the continuation of the article Here are 4 Altcoins That Are Conceiving Important Movements This Week!