🔥 Bitcoin’s Weekly : What to Expect

Bitcoin is currently trading around $87,964, moving within a range of about $84,816 to $88,807. Right now, there’s a mix of cautious optimism and a hint of uncertainty in the market. Here’s a quick breakdown:

Bullish Signs:

If Bitcoin manages to hold above $87,500, it could push toward the $90,000–$95,000 zone. Institutional interest and ETF inflows are helping support this upward trend.

Potential Pullback:

On the downside, strong support is seen around $81,600. A drop below this level might open the door to further declines—possibly testing the $70,000–$75,000 area before a potential rebound.

Technical Indicators:

While a recent golden cross has boosted confidence, some overbought signals (like high RSI levels) suggest traders should be ready for short-term profit-taking and volatility.

In simple terms, if the bulls keep control and key resistance holds, we could see Bitcoin climbing higher. But if it slips past crucial support, a correction may be on the horizon. Stay tuned to macro news and technical signals for the best trading opportunities.

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