BTCUSD Weekly chart - the price has reached a very important resistance range that has been formed from past low points and consolidation areas ( you can observe them better on a Daily chart ).
This current resistance range stratches from around 46000 to about 53000. The development in this region is very important as it is the last major resistance before the ATH. If the resistance range holds, then the price can go for a substential correction before it gets the chance to go up again. If it breaks through it, then it can quickly go to the previous ATH.
Have in mind that in the following weeks, it's possible for the price to start consolidating in this region until it takes a specific direction
This current resistance range stratches from around 46000 to about 53000. The development in this region is very important as it is the last major resistance before the ATH. If the resistance range holds, then the price can go for a substential correction before it gets the chance to go up again. If it breaks through it, then it can quickly go to the previous ATH.
Have in mind that in the following weeks, it's possible for the price to start consolidating in this region until it takes a specific direction