BITCOIN WEEKLY CHART ANALYSIS

✅ Continue uptrend: Bitcoin gave its 7th consecutive weekly green candle and closed last week with a 2.39% gain. This is the highest weekly closing in Bitcoin history. The last time Bitcoin gave 8 consecutive green candles was in Oct/Nov 2023.

✅ Support and Resistance:

Support: $100,000 and $93,000

Resistance: $125,000 at the upside trend line

✅ MACD Bullish Cross:

On the weekly MACD, we can see the MACD crossover working fine. Each previous MACD crossover on this timeframe led to massive upside movements, and the histogram is now expanding positively, suggesting strong momentum.

✅ RSI Breakout:

The RSI (currently ~68) has broken a long-term downtrend line and is now pushing higher. We saw RSI up to 85 in the bull market. So there is still big space for an uptrend if BTC is able to cross $109k this week.

⚠️ Profit Booking Correction: Last week we saw a good fight between bulls and bears, but bulls held $102k support and broke the previous all-time high. This momentum can lead Bitcoin’s price towards $125,000.

🧠 Summary:

Trend: bullish

Support: ~$100,000, $93,000

Resistance: $125,000

One-year Target: $180k - $250k

KEY FACTOR IN MARKET: Trump Tariffs are again a hot topic in the market, which can create short-term volatility.