The weekly price of Bitcoin is below the important level of 108,500. The price is below the MA5.
The daily closing shape indicators are all pointing downwards.
Currently, there is some support near the MA20 on the 2-day line, around 104,000. If it breaks this level, it will test the 100,000 mark.
Ethereum's weekly close has already burned 5 incense sticks. There is significant resistance above. The exchange rate of Ethereum to Bitcoin is clearly suppressed by the MA20.
Currently, Ethereum's price is fluctuating around the weekly MA120, in sync with Bitcoin.
The daily shape of US stock futures is not very good. The divergence is too severe. It is temporarily supported by the daily MA20. It is expected that this support will not hold and a pullback will occur.
Summary: Currently, the outlook for Bitcoin in the US stock market is bearish, with the pullback in US stocks dragging down Bitcoin.