The weekly candle looks strong, but next week is crucial. The weekly close will indicate the market’s direction.
94K–93K must hold to keep the path to 100K open. If broken → a retest of 89K and the previous range is likely.
LTF is bullish, HTF is still bearish. As mentioned in the previous market update, the market could push up toward 98K–103K, but whether it drops below 90K will depend on the weekly close.
A strong weekly close with an early push → possible high wick sweep / lower high correction.
Weak start → focus on HTF support for continuation setups.
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$BTC — Weekly Outlook 👇
The weekly candle looks strong, but next week is crucial. The weekly close will indicate the market’s direction.
94K–93K must hold to keep the path to 100K open. If broken → a retest of 89K and the previous range is likely.
LTF is bullish, HTF is still bearish. As mentioned in the previous market update, the market could push up toward 98K–103K, but whether it drops below 90K will depend on the weekly close.
A strong weekly close with an early push → possible high wick sweep / lower high correction.
Weak start → focus on HTF support for continuation setups.
HTF remains bearish… My target is 70K–65K.
$BTC #WeekendMarketAnalysis #ChineseMemecoinBoom