BTCUSD Analysis: Perspective from the weekly chart

Expectations for another big surge in this market are running high and many believe it is only a matter of a short time before we are back to retesting the December record high just shy of 20,000. However, the chart isn't confirming these expectations just yet, and while below $12,000, the pressure remains on the downside.

In this analysis, we take a look at Bitcoin each day, highlighting all of the need to knows for anyone looking to extract up to date information about major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding the crypto asset, looking for an idea of where they may want to consider making that next conversion.

The cryptocurrency update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.