$BTC breaks bearish channel and aims for new highs
Bitcoin ($BTC ) has given a clear bullish signal on a weekly timeframe. After several weeks within a bearish channel, this weekly candle breaks strongly upwards, surpassing the 91,000 USDT zone and reversing the negative momentum.
Key points of the analysis:
Broken bearish channel: #BTC exits strongly and with volume from a descending channel of several weeks.
Resistance zone surpassed: The range between 88k and 91k could become support if there is confirmation.
EMAs in bullish order: The price is above all exponential moving averages (EMA 7 to 200), reinforcing the long-term bullish trend.
Short-term target: If #BTC maintains this momentum, the next technical target is at 94,500 – 96,000 USDT.
Medium-term target: Retest of historical highs in the 110,000 USDT zone.
Suggested trading strategy:
Conservative entry after pullback to 88k – 89k.
Stop loss below 86k.
Targets: 94,500 – 99,000 – 110,000 USDT.
Conclusion: If BTC closes the week above 91k, it would open the way to new historical highs. It's time to monitor the price and act strategically.
Buy here $BTC