🚨 #Bitcoin Weekly Overview – Critical Insights You Must Know! 🚨
👉Here’s the complete 1-week performance of $BTC /USDT summarized in key points: 👇
✅ Current Price:
$116,984 (~Rs33,30,000)
Weekly Change: -4.28% (Correction phase)
✅ 1-Week High:
$126,037 – Marked early in the week before sharp corrections.
✅ 1-Week Low:
$113,632 – A critical support tested after continuous sell pressure.
✅ Volatility:
The price fluctuated heavily between $113,000 – $126,000, reflecting market uncertainty and profit-taking by whales.
✅ Trading Volume:
Consistently high with $3.29B USDT in 24h volume, showing active participation but dominance of sellers.
✅ Market Sentiment:
Fear of deeper correction due to rejection at $126K.
However, strong buying interest observed near $113K support.
✅ Key Resistance:
$123,200 – $126,000
If BTC reclaims $123K+, bullish momentum can resume.
✅ Key Support:
$113,000 – If broken, next major support is around $108,000 – $110,000.
✅ Outlook:
Market awaits a decisive move above $123K for bullish continuation.
Caution for short-term traders until BTC stays above $113K.
✅ Pro Tip:
Watch out for weekly close strength. A close above $120,000 may invite new buyers, while a close below $115,000 can trigger further declines.
Summary:
Bitcoin remains volatile within a broad range. Patience is key – wait for breakout confirmation before heavy positions.