$BTC Weekly Review -
❗️Last week was brutal for leverage traders. Bitcoin dropped 17% — pure manipulation. But here's what really matters:
Monthly chart shows we're still in a 5-month range. Weekly chart? Massive volume spike at buyer-friendly prices. No aggressive selling. We're still in the ascending channel — upside expectations remain.
🔥 Key levels to watch:
Resistance: 123,000-123,500
Flip level: 117,000
Strong support: 108,000
Still expecting our target zones: 130,000-150,000. But if Bitcoin pushes there fast — close your altcoin positions. We're at market highs. Reduce positions, don't add.
⚠️ My final advice? Trade spot only. Leave futures to the pros.
#bitcoin #crypto #MarketAnalysis #trading #TechnicalAnalysis