$BTC 📊

Current price 105,000$

Bitcoin's weekly close was above the resistance at 106,000$, which is positive for Bitcoin 🧐

As shown in the chart, the price is in an upward parallel channel. If the price continues to maintain

strong support levels at 102,566$ - 103,550$

It will visit resistance areas at 108,353$ - 109,588$

which extend to the upper edges of the upward channel, and the resistance at 109k is considered the previous peak for Bitcoin.

Breaking the previous peak at 109k and maintaining stability

above it will lead to a price surge

and a very strong upward momentum towards the resistance at 131k ⏳