Bitcoin and Litecoin – Weekly Technical Analysis – December 21st, 2020

Bitcoin

Bitcoin, BTC to USD, rallied by 22.14% in the week ending 20th December. Reversing a 1.18% fall from the previous week with interest, Bitcoin ended the week at $23,427.0.

It was a mixed start to the week. Bitcoin fell to a Monday intraweek low $19,008.3 before making a move.

Steering clear of the first major support level at $18,053, Bitcoin surged to a Sunday intraweek high and a new swing hi $24,244.0.

Bitcoin broke through the week’s major resistance levels on the way to a new…


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