🚨 Bitcoin Weekly Chart Analysis 🚨
$BTC is showing signs of a potential trend reversal after bouncing off the $97K support level and reclaiming $107K. The current structure resembles a recovery phase following the local top at $112K and the correction that brought us below the 25-day moving average.

📈 Key Observations:

Support & Resistance:
Strong support held at $97K and $104K. Resistance is back at $110K, followed by the ATH test at $112K. A clean break of $110K with volume could trigger a move to $115K+.

Volume:
Volume has been consolidating—declining during the pullback, which signals healthy correction rather than trend reversal. Watch for an uptick in buy volume around $108K for confirmation.

Moving Averages:
BTC is now back above the 7-day EMA and testing the 25-day MA. The 99-day MA (~$93K) remains far below, confirming macro bullish bias.

MACD:
Bullish crossover forming again, indicating momentum may be shifting back to the upside. If this is sustained, it could foreshadow another impulsive move.

RSI (14):
RSI has bounced from ~40 to 58, avoiding oversold territory. It's now approaching 60—if it breaks through with conviction, expect bullish continuation.

🔥 Bias:
Currently neutral-to-bullish. A daily close above $108.5K would likely confirm continuation, while failure to hold $104K could revisit mid-$90Ks.

🎯 What to watch this week:

Daily close above $108.5K with rising volume

MACD confirmation on daily time frame

RSI crossing 60 for breakout signal

Global macro news (CPI, Fed) & ETF flow dynamics

🧠 Final Take:
BTC looks primed for a second wind. If bulls reclaim momentum, we may be looking at another leg toward the $115K-$120K zone. Stay sharp and stick to your plan. 🚀

📊 Not financial advice – just data-driven insights.