BTCUSD – Bitcoin – USD Cryptocurrency Technical Analysis

By | February 20, 2022 8:35 am

Bitcoin is down about 6 per cent in 2022 (year-to-date or YTD) so far. Bitcoin is down about 35 per cent since it peaked at almost $69,000 in November last year as risk aversion grows with the Federal Reserve and other global central banks starting to tighten financial conditions and remove pandemic-era liquidity from the system.

Bitcoin Gann Angle Chart

Bitcoin is back to gann support zone.

Bitcoin Plannetary Support and Resistace Line 

Price has broken the Mars Planneatry line suggesting fall till 37000.

Bitcoin Harmonic Analysis

Bearish ABCD pattern forming break of 39304 can lead to fall back to 353937/32768

Bitcoin Astro/Gann Trend Change Date

23 Feb Important time Astro Date 

Weekly Trend Change Level:40000

Weekly Resistance:40401,40804,41209,41616,41209

Weekly Support:39304,38809,38416,38025,37636

Levels Mentioned are for BITCOIN in USD 

Category: Bitcoin Crypto

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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