$BTC

BTC/USDT Weekly Chart Analysis for Options Trading

Market Overview (Latest Update):

Current Price: $94,921.92

Recent High: $109,588

Support Levels: $91,000, $88,000, $78,000

Resistance Levels: $97,500, $105,000, $110,000

RSI (14): 58.21 (Bullish zone, nearing overbought)

MACD: Still bearish but histogram is reducing—early signs of bullish crossover

Trade Suggestion:

Bullish Trade (If BTC Holds Above $94,000 - $95,000)

If BTC maintains above $94,000, a breakout toward $100,000 – $105,000 is possible.

Trade Type: Buy CALL

Strike Price: $100,000

Expiry Date: May 31, 2025

Bearish Trade (If BTC Falls Below $91,000)

If BTC breaks below $91,000, a decline to $88,000 – $78,000 is likely.

Trade Type: Buy PUT

Strike Price: $88,000

Expiry Date: May 31, 2025

Final Take:

CALL at $100,000 if BTC stays above $94,000.

PUT at $88,000 if BTC breaks below $91,000.