$BTC 📊 Weekly Analysis – $BTC /USDT
🗓️ Period: 1 week | Current price: $113,060.92 (+3.26%)
🔹 General Trend:
Bitcoin continues in a strong upward trend on the weekly chart, recovering from a low of $58,946.00 to the current $113,000, with well-defined higher highs and lows.
🔹 Technical Indicators:
• MACD: strong bullish crossover with MACD: +954.59, indicating buying strength.
• RSI (6, 12, 24): all above 64 points, showing optimism but warning of possible overbought conditions.
• Moving Averages (MA5 and MA10): MA5 is well above MA10, confirming the positive trend.
🔹 Supports: $104,465 and $92,399
🔹 Resistances: $113,788 (current) and $116,530 (next barrier)
#BTCBreaksATH #BinanceHODLerLA $BTC
📌 Summary:
Bitcoin maintains an upward trajectory with strong momentum. Breaking through $113,788 opens the way to test resistance at $116,530. Elevated RSI indicates attention for possible short corrections.