🚨 BTC Weekly Chart Update – Breakout, Retest & What’s Next? 🚀
Bitcoin ($BTC) has recently shown remarkable strength on the weekly timeframe. After successfully breaking out of a long-term resistance trendline near the $123,000 zone, it completed a clean retest — a sign of technical strength and market confidence.
Currently, BTC is pulling back slightly, hovering around $114,400, but this pullback seems healthy and expected after such a strong breakout. The EMA support levels (20/50/200) are holding well, and RSI remains stable near 62, indicating there's still room for upside.
This weekly structure hints at a possible bullish continuation, especially if we reclaim and hold above $123K again. Eyes on the next big psychological zone — $128K+!
Are you ready for the next move? 🚀📈
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