#Bitcoin - Weekly Update
As expected, last week saw $BTC break the main uptrend and test lower support around $104,800. ✅
Now: H4 trend has turned bearish, with $107,000–$107,200 acting as fresh resistance. 🔴
Big Picture:
Higher timeframe (HTF) trend remains bullish (weekly/monthly) 📈
Daily: Neutral,price is stuck between: $108,400–$103,000. [T / K]
🟢 Long-Term Bias: Still bullish, but expect further consolidation and possible tests of lower levels before any new ATH breakout.
Major support to watch: $102,800–$103,000
If lost, next key area: $99,500–$98,500
Weekly structure remains strong as long as $93,000 holds!
⚠️ Market warning:
Noticing a lot of high-volatility, random pumps (and dumps) in #alts ... this market can be brutal. Manage risk, protect your capital, and only take clear setups!
