Over the week, Bitcoin has risen in price against USDT by 12.93%

Over the past week, Bitcoin has risen in price against USDT by 12.93%, to $ 50,971. The maximum of the week is fixed at around $ 52,640. Buyers have consolidated above the trend line drawn through H58352 and H52640. The technical factor is on their side, but the recovery is slow from the Feb 28 low.

The price is near the 50% level from the fall from 58352 to 43000, as well as about the 50% level of the upper shadow for February. It is enough to put a bandwagon on the buyers, they will start fixing.

Trading in Asia opened with growth in the dollar and the yield on 10-year US bonds. Treasury yields continue to plague all markets. Futures on the S & P500 index (-0.46%) is also colored red. If the situation changes, then at the American session.

The hourly TF has a resistance zone between 52000 and 52650. Support goes through $ 48511. Since the buyers could not pass 52,500 on the weekend, now they need to defend themselves until March 10. If they hold the defense at the level of $ 46,700, then we will wait for an acceleration to 58.5 thousand (after March 9).

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