Bitcoin and Ethereum weekly technical analysis – August 31, 2020 – FX Empire

Bitcoin and Ethereum weekly technical analysis – August 31, 2020 – FX Empire

Below the first major resistance level at $ 12,305, Bitcoin slipped to a Tuesday low of $ 11,137.0.

Bitcoin went through the first major support level at $ 11,205, Bitcoin fell back to $ 11,700 on Sunday.

4 days in the green which included a 2.07% gain on Sunday brought the rise for the week.

For the coming week

Bitcoin should avoid a fall in the pivot from $ 11,571 to support a run from the…

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