$BTC

Chart Summary (Weekly Timeframe)

Price: $96,812.93

RSI: 59.59 (bullish, nearing 60+ breakout zone)

MACD Histogram: Increasing — bullish momentum building

Candles: 3 consecutive green candles after a strong pullback base

Volume: Rising again after prior compression — bullish sign

Price above all key EMAs (20, 44, 50, 200) and retesting middle Bollinger Band

Clear Direction: BULLISH BIAS

Price is consolidating above EMA levels and slowly reclaiming ground after holding near $88K–91K. The recent breakout and momentum favor a continued bullish push, likely toward $100K+ soon.

Suggested Options Trade

Trade Type: Buy CALL

Strike Price: $100,000

Expiry Date: May 31, 2025 (monthly expiry)

Reason:

Clean bullish structure

MACD histogram flipping

RSI near breakout zone

Price reclaiming mid-Bollinger with room toward upper band (~$106K)

Optional Conservative Trade (Lower Risk)

Strike Price: $95,000 Call

Reason: Already ITM/near-ITM, more conservative, ideal if volatility is rising fast

Same Expiry: May 31, 2025

Invalidation / Risk Level:

If BTC closes a weekly candle below $91,000, bullish thesis weakens—exit or hedge.