$BTC Weekly Outlook 👀
Bitcoin broke above the $115K neckline, confirming a bullish inverted H&S on the weekly chart.
Now consolidating between $116K–$120K, setting up for a possible move toward $175K–$200K in 5–6 months.
➯ Key Levels:
• Resistance: $125K (H&S target)
• Support: $116K, $110K
➯ Indicators:
• RSI: 71% — still room in a parabolic run
• MACD: Strong bullish momentum
➯ Macro Boost:
1. Liquidity bill passed
2. Market absorbed war shocks
3. Rate cuts expected
4. Global M2 rising
Any dip = opportunity. As long as BTC holds above $116K, bulls stay in charge.
LFG 🥂