📊 BITCOIN WEEKLY REPORT 🚀
🔥 BTC Pumped 10% Last Week! 💥
Bitcoin had an exciting week, surging 10%! Let’s break down the key moves and why the momentum is strong. 💪
✅ Breakout Confirmed 📈
Bitcoin has decisively broken out of the falling wedge pattern that persisted from late 2024 to early 2025. Historically, falling wedges are bullish reversal patterns, and this one played out perfectly with a strong upward rally! 🚀🔝
✅ Horizontal Resistance Flipped 🔄
The previous resistance zone around $88,000–$92,000 has been cleared! Bitcoin is now eyeing the next key level at $109,356. Beyond that, it’s officially in price discovery mode! 🌕💰
✅ MACD Bullish Cross 🔥
A bullish crossover is about to happen on the weekly MACD (highlighted with orange circles). Each previous crossover in this timeframe led to massive upside movements, and the MACD histogram is now expanding positively, suggesting strong momentum ahead! 📈🚀
✅ RSI Breakout 📉➡️📈
The RSI (currently at 58) has broken a long-term downtrend line and is now pushing higher! This breakout shows increasing strength and buying pressure, with no immediate signs of bearish divergence yet. 💥📊
Summary 📝
Trend: Strong bullish 🐂
Support: Around $88,000 - $90,000 🛑
Resistance: $109,356 🚀
Momentum: Increasing (thanks to MACD + RSI bullish signals) 📈🔥
Bitcoin is showing some serious strength this week. The breakout is real, and upward momentum is building. If this trend continues, we could see some exciting moves ahead! 🚀💰
Stay tuned for more updates and remember, always do your own research! 🔍📚
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