- Bitcoin has formed a very nice weekly candle according to Lark Davis.
- As a result, BTC has smashed its previous resistance level.
- With the new candle form, people believe that the BTC price will go above $48K ATH soon.
Crypto analyst Lark Davis has shared a tweet about Bitcoin (BTC). Citing from the tweet, the flagship crypto bitcoin has formed an impressive and good-looking weekly candle. Doing so, BTC has momentarily smashed its previous resistance position.
Damn #bitcoin!!! That is a very nice weekly candle! Smashed previous resistance! pic.twitter.com/yhqqvbKANR— Lark Davis (@TheCryptoLark) August 8, 2021