🔥 The critical weekly closing scene!
📈 Outstanding weekly performance:
- 🟢 5 consecutive weeks of rise (strong green candles).
- 🚀 Current price: 104,013 (+0.56%).
- 🔥 Long-term upward trend indicates continued momentum!
📊 Key levels and indicators:
🎯 Upper resistance: 113,341
🛡️ Immediate support: 93,537 USDT (25-day MA)
⚡ Turning point: 109,588 USDT (major pressure zone)
✨ Moving averages (MA):
- 7 days: 88,828 ↗️
- 25 days: 93,537 ➡️
- 99 days: 61,521 ↗️
🔍 Near-term forecasts:
1. 📉 Short-term correction:
- Smaller time frames (like 4 hours) indicate a need for market rest.
- Expect a red weekly candle in the new week as a healthy correction.
2. 🚀 Long bullish strategy:
- Any drop to 93,500 - 88,800 is considered a golden buying opportunity.
- Target: Breakthrough 113,000 in the coming months.
⚠️ Smart warnings:
- Don't be overly optimistic! A correction is essential for the rise to continue.
- Use limit orders at support areas.
- Avoid high leverage during short volatility.
🎯 Strategies for traders:
- For the centered:
🛑 Protect profits with a trailing stop loss at 93,500.
➕ Increase the quantity if the price drops to MA 25 or 99 days.
- For the watchful:
🕒 Wait for a correction for a safe entry with confirmation of a bounce from support.
🔥 Focus on areas 88,800 or 93,500
📌 Indicators to watch:
- Trading volume: Decreased volume may confirm weakness in momentum.
- Sell/Buy ratio: Its balance indicates temporary stability.
- RSI indicator: Avoid buying if it's above 70 (overbought).
🌐 Summary:
Bitcoin is at a crossroads...
🔄 The next correction is not the end of the rise, but a recharging station!
✅ Readiness and discipline are the keys to profit at this stage!
💡 Reminder:
"The market is up and down, but the lesson is for those who read the wave before riding it!" 🌊