Bitcoin Weekly – Bullish Continuation Confirmed!
$BTC
BTC Price: $94,142.77 (+0.11%)
BTCUSDT (Perp): $94,051.40 (+0.1%)
If you have just a minute, let me share some classic bullish signals currently developing on Bitcoin’s charts across multiple timeframes:
Daily Timeframe Highlights:
RSI: Now at 67 — the highest since December 2024. RSI is holding above the 0.618 Fib level, suggesting strength and support even on pullbacks.
→ Bullish momentum indicates further growth ahead.
MACD: Flipped fully into the bullish zone.
→ Plenty of room for additional upside.
Moving Averages: Bitcoin closed above the SMA200 daily, while also trading above EMA55 and EMA89.
→ The daily close above SMA200 confirms a strong long-term bullish bias.
Weekly Timeframe Insights:
Weekly MACD: Stayed in bullish territory (never dipped below zero). A higher low is visible, and the MACD is now pointing sharply upward.
→ Dynamics are similar to September 2024, right before a major breakout.
Moving Averages: Bitcoin has stayed strong above EMA55 weekly — other key moving averages remain untouched.
Additional Bullish Signals:
Three consecutive green weekly candles, with the current week continuing strong.
Historic move: This is only the second time ever Bitcoin has crossed above $90K — a massive milestone.
Sub-$80K Bitcoin could now be history.
When Bitcoin breaks $100,000, expect explosive bullish action across the crypto market.
Weekly RSI: Strong and rising above the 0.382 Fib level, with ample space for further growth — aiming straight
Thank you for reading!
#Bitcoin #BTCUSDT #CryptoAnalysis #BullishMomentum $BTC $BTC
