XBT / USD weekly price range of $690-$785 | ALMA daily moving average is slightly bearish, for this week the main resistance is the second price deviation line above the VWAP at $785 while the support I believe it is valid the VWAP itself at about $ 690.
The average daily RSI oscillator is not giving significant indications, it continues to remain above the mid point of 50. The RSI on the weekly chart is overbought but is just above the threshold of 70, it may still report the formation of a Top not having the bitcoin still broke decisively the $750 resistance.
In cases of extreme drop support is the price zone between $465 and $550.
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