As we can see in its weekly RSI, $BTC is overbought, however, the situation with the MACD tells us that we can still expect more upward movement within its trend, although it is already close to its Bollinger ceiling, so the battle that seems to be coming will be interesting between bears and bulls, as each has powerful tools at their disposal.

In my opinion, we are at a market decision point and perhaps a new value mark will have significant resistance to reach, as the situation seems to require a correction on this timeline, however, horizontalization is also a quite plausible possibility to achieve it.