$BTC Frame 4 hours + weekly 💸
Currently, the price is around $94,376 and facing very important resistance around $94,500 - $95,000, which is an overlap of Fibonacci zone 0.618 - 0.786, and a very critical area.
1️⃣ RSI indicator around 60, there is no overbought or oversold condition, and the volatility is clear.
2️⃣ MACD indicator has started to show a positive crossover but the momentum is still weak.
On the weekly frame:
- The price has exited a simple descending pattern.
- Weekly RSI is positive around 54.
- Weekly MACD shows gradual weakness in negative momentum.
The scenario I am following 🕯
✅ If we see a weekly close above $95,000, this opens the way, God willing, for levels of $96,000 and then possibly $100,000$BTC