$BTC

🧠 Introduction:

Is it time to sell? Or is the market preparing for a new price explosion? 🤔

In this weekly analysis, I use the SMC (Smart Market Control) strategy with the MACD indicator to uncover the secrets of the upcoming price movement for Bitcoin.

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📊 Technical Analysis Details:

✅ Currency: BTC/USDT

✅ Timeframe: Weekly

✅ Strategy: SMC + MACD

✅ Current Price: $103,577

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1. Important Area: A strong rejection candle formed at the level of $111,980, indicating strong selling liquidity in this area.

#MarketPullback

2. SMC: We notice a retest of the supply area after it was previously broken, which is classic behavior before strong reversals.

3. MACD: A clear negative crossover has begun to form, indicating the start of a slowdown in upward momentum.

4. Prediction: If the price fails to exceed 111K, it is likely to return to test the area of $95,000 - $98,000 as a strong demand zone.

✅ Summary and Recommendation:

🚨 Recommendation:

Bitcoin shows signs of weakness at resistance, and with the negative MACD crossover, it is better to be cautious about buying right now. There may be a short selling opportunity in the medium term.

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