š BTC/USDT Weekly Analysis
BTC/USDT
Bitcoin is showing a strong bullish trend, with the weekly candle closing near $124,916 and touching a high of $126,208.
The momentum remains positive as BTC continues to stay above its weekly moving averages (MA5 and MA10).
If this strength continues, we might see BTC testing $130,000+ levels in the coming weeks.
However, short-term corrections are still possible around $121,000ā$122,000 zones.
š Trend: Bullish
š Support: $121,000
šÆ Resistance: $126,500 ā $130,000
š¹ Sentiment: Positive and gaining strength
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