btc#

Technical Analysis (Weekly Frame - BTC/USDT):

Previous Trend: It was bearish, but now it shows signs of a rebound.

Last Candle: A bullish candle breaking through the short moving average (MA7) and trading above it now.

Strong Support: At 92,388 and 89,000.

Nearby Resistance: Approximately 97,900, which is a selling area shown in the chart.

Moving Averages Indicator: The price has broken through MA7 and is trending towards MA25 (92,953), which is positive.

Expected Scenarios for This Week:

1. Bullish Scenario (Currently the most likely if the price holds above 93,500):

Breaking the level of 95,400 - 96,000 with a daily close could push the price to test 97,900 - 100,000.

Breaking these levels supports a rise towards 105,000.

2. Bearish Scenario:

If it fails to surpass 95,400 and reversal candles appear, it could return to test 92,000 - 89,000.

Breaking 89,000 with a negative weekly close could push it towards 82,000 then 78,000.