Bitcoin and Ethereum – Weekly Technical Analysis – June 21st, 2021

Bitcoin

Bitcoin, BTC to USD, slid by 8.64% in the week ending 20th June. Reversing a 9.00% gain from the previous week, Bitcoin ended the week at $35,631.0.

A bullish start to the week saw Bitcoin rise to a Tuesday intraweek high $41,273.0 before hitting reverse.

Falling short of the 38.2% FIB of $41,592 and the first major resistance level at $41,890, Bitcoin slid to a Sunday intraweek low $33,411.0.

Bitcoin fell through the first major support level at $33,591 before a partial recovery to…


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