This week is crucial for BTC: If the weekly closing price holds above MA-20 (92K), it means there will be no further resistance above the major moving averages.
The current price has successfully stabilized at the daily MA-111 support level.
If a weekly breakout is achieved, even if there are brief dips below MA-20 in the following weeks, each pullback could present a buying opportunity. However, it is important to note that unless a closing price above 92K is achieved this week, caution is needed regarding the risks posed by FOMO sentiment.
