💸 Analysis $BTC - 4 Hour + Weekly Frame 💸

Currently, the price is around $94,376 and facing very important resistance around $94,500 - $95,000, which is an overlap of Fibonacci levels 0.618 - 0.786, and a very pivotal area.

1️⃣ The RSI indicator is around 60, showing no overbought or oversold conditions, and the volatility is clear.

2️⃣ The MACD indicator has started to give a positive crossover but the momentum is still weak.

On the weekly frame:

- The price has exited a simple descending pattern.

- The weekly RSI is positive around 54.

- The weekly MACD shows gradual weakness in negative momentum.

The scenario I am watching 🕯

✅ If we see a weekly close above $95,000, this will open the path, God willing, to levels of $96,000 and then possibly $100,000.

❌ However, if the price fails to close weekly above $95,000 and falls back below $91,900, I expect a correction that could reach $88,000 and then $85,000.

⚡️ Important Note:

- A 4-hour close above resistance is initially important.

- But the weekly close is the real key to confirming the direction.