Bitcoin

Bitcoin broke the falling wedge on the weekly chart. The major resistance on the weekly chart is the $28,400-$31,500 area and a break above this will fuel the price toward the new ATH. Currently, 200 WMA (Weekly Moving Average) works as resistance which is at the $24,700 level. Weekly support is $21,400-$21,800 area and $19,500-$20,000 area.