Based on the chart you provided and your analysis of the yellow-colored Fair Value Gap (FVG) being a weekly FVG, here's a detailed explanation:
If BTC does not break below the weekly FVG and instead forms a bullish candle closing above it, this would indicate strong support at this level. In such a scenario, BTC is likely to move upwards, targeting the next area of interest, which is the lower boundary of the upper FVG or its 50% equilibrium level.
This movement aligns with typical price action behavior, where price fills imbalances (FVGs) and respects key levels before making further moves. The weekly FVG serves as a strong support zone, and if buyers step in here, BTC could see a rebound toward the next liquidity zone.
