$BTC BTC weekly outlook.

It can be seen that the structure of BTC is still bullish with a transition to bearish when it drops and closes below 49.3k.

On the other hand, there is a flip SND in the price area of 73.7k - 68.9k. This area was previously a strong supply that repeatedly rejected the price before BTC finally managed to break out and create a new ATH at 110k.

The area of 73.7k - 68.9k has the potential to be a strong area to bounce the price when touched.

Disclaimer:

- This outlook is subjective and based on personal perspective.

- There is no invitation to enter, and please conduct a reassessment.

- Make sure every entry maintains money management.

- This outlook is shared only for educational purposes.