BTC Long-Term Analysis
Bitcoin is still looking strong on the weekly chart, holding its bullish structure inside a steady ascending channel.
- Trend: $BTC has been respecting both support and resistance within the channel.
- Key Zone: That 60K–70K area, which was tough resistance before, is now solid support.
- History: Last time $BTC broke out of consolidation, it pumped over 335%
- Now: Price is hovering around the mid-to-upper range of the channel. As long as it stays above 95K–100K, bulls are still in charge.
- What’s Next: If support holds, we could see a move toward 140K–150K. But if BTC drops below 95K, a deeper pullback might be on the table.
Let’s see how it plays out, bulls still have momentum for now.
