​​ The week closed at 20.905 #BTC #week Total market Capita | ✅ Crypto Alina ✅

​​ The week closed at 20.905 #BTC #week
Total market Capitalization (TOTAL) has returned above MA200 and is testing the global downtrend on RSI

We are in the support zone formed by the ATH 2017.
Formed a densely traded zone of 18.500-20,000. Up to the level of 29,000, the minimum trade is minimal.
Growing volumes in the sidewall portend a powerful movement
Potential Double Bottom (DD)
We are breaking through the global downtrend from January 2021.

Bearish trend
We continue to accumulate under MA200
The fear index rose to 40 (although it fell to 6 on June 18, at the same price levels)
RSI in the bearish zone
Sluggish breakdown of the global downtrend from January 2021 (acts as resistance)
Still did not reach the main zone of removal of stops at the level of 18.100 and 17.600
Momentum is bearish (growth is much slower than the fall)
Given the macroeconomic situation, the probability of a decline remains

Conclusions:
The drop from 40,000 occurred without corrections to the resistance zone, and as long as we are above the significant support zone (ATH 2017), the LONG priority remains.

Fixed over 24.000
25.000-27.000 - interresa zone (withdrawal of liquidity for purchase from the upper limit of the range
Global resistance zone test 29.000-32.000