While waiting for the weekly close, let's learn a bit about analyzing the possibilities that may occur for Bitcoin's movement in the next week based on TA. Before that, this is not financial advice, DYOR..
Bitcoin is currently showing a bearish trend in the four-hour time frame, with a declining 50-day moving average. However, the 200-day moving average has been rising since early June 2025, indicating a strong long-term trend.
Key support levels are around $105,000 and $100,000. If a correction occurs, the levels of $102,734 and $106,265 also become important support areas. A drop below $100,000 could indicate more significant selling pressure.
Despite the potential for a correction, overall market sentiment still tends to be bullish. The Fear and Greed Index is currently at "Greed" (52), indicating sustained investor confidence.
Significant accumulation of Bitcoin by "whales" shows confidence that the price of Bitcoin will continue to rise. The withdrawal of BTC from exchanges to personal wallets also indicates investors' intention not to sell in the near future.
Hope this is helpful #dyor #BinanceAlphaAlert
So, in your opinion, where do you think Bitcoin will go in the next week? 😊