🚹🚹🎯 WEEKLY ANALYSIS OF #BTC 🧭

#Bitcoin remains within its bullish channel 📈 but volume shows a clear downtrend 📉, which could signal reduced institutional interest or market fatigue at this key zone

#BTC holds above the 0.5 Fibonacci level at 117K đŸ’”, consolidating above a demand zone đŸ§±

The weekly open shows a positive candle, though with a small body, suggesting uncertainty in buying momentum—at least for now đŸ€”

Despite setting a new #ATH, price slowed near the 0.618 Fibonacci at 127K, with a technical outlook still favorable but increasingly weighed down by weak volume 📊

The bullish channel continues to guide the current movement 👀

If buying pressure continues, #BTC could aim for 127K and then 141K 🚀

However, if momentum doesn't pick up soon, a pullback toward the demand zone around 105K can't be ruled out 🧹

$BTC