Headline: đ Bitcoin Weekly Analysis: Are We Bottoming Out?
âThe crypto market is witnessing a significant correction this week. Looking at the $BTC BTC/USDT weekly chart, here is what you need to know:
âđ Technical Breakdown:
Bitcoin touched a massive high of $126,199 but couldn't sustain the momentum. The price has now dropped below the 7-day and 25-day Moving Averages, signaling a bearish shift in the short term.
âđŻ The Level to Watch:
We are approaching a critical support zone. The MA(99) purple line sits at approximately $83,665. This is a crucial level for bulls to defend.
âđĄ Strategy:
Patience is key. Wait for price action to stabilize near the $83k support before entering new positions. Don't catch a falling knife!
#btc #MarketUpdate #whoisselling #BuiltonSolayer #crash

âWhatâs your next buy target? Let me know in the comments! đ

