📊 $BTC /USDT Weekly Analysis - Critical Juncture Ahead

$Bitcoin is trading at $115,958, up 3.89%, showing mixed signals on the weekly chart.

➡️ Technical Overview:

- RSI at 53.73 indicates neutral momentum, neither overbought nor oversold

- Price consolidating between Bollinger Bands (DN: 90,077 | UP: 128,046)

- Current position near middle band (109,061) suggests indecision

- Volume declining over 90 days - a concerning bearish signal

Key Levels:

📈 Resistance: $126,199 (recent high)

📉 Support: $107,755 (immediate), $90,077 (strong)

Outlook:

The decreasing volume alongside sideways price action indicates weakening bullish momentum. MA(5) at $130,299 sits above current price, adding selling pressure. Watch for a decisive break - below $107K could trigger deeper correction toward $90K, while reclaiming $120K with volume would confirm bullish continuation.

Trade cautiously and manage risk.

Dyor always.

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