$BTC
$BTC ended last week with a bullish engulfing candle — a strong start. However, for a clearer bullish signal, it needs to break the weekly lower high at 88,752. Alternatively, a move above 88,500 may be sufficient for a price increase.
Tariff wars erupted over the weekend, creating conditions for another week of unpredictable news and announcements that could send the market on a wild path. That said, BTC showed promising price dynamics on lower timeframes, so it might be a good idea to buy on dips.
The most interesting dip zones to watch are dynamic levels of support and resistance, such as the Daily 20-SMA around 82,837, or the Ten-Year VWAP VAH2 at 77,800 (this is gradually increasing). If BTC retraces, it is likely to consolidate between these two levels. Meanwhile, the developing Annual VWAP around 90,470 represents an intriguing target for a potential bullish breakout.
