Tony Rehak iDJe

My opinion about $BTC on this Weekend: Key Levels to Watch
This weekend, I anticipate BTC entering a consolidation phase (accumulation range), with critical levels marked at:
Resistance: $96,500
Support: $92,000
I expect price action to hover between these zones through the weekend and early trading week.
Current Market Context:
We're seeing a pullback after the recent local high.
First rebound attempts likely around $93,500—will monitor price reaction there closely.
Strategic Takeaway:
Consolidation here would establish a healthier base for the next move. Patience is key—let’s see how liquidity shapes up near these levels.

🇨🇳🇺🇸 China said it will not negotiate with the US on tariffs.

"The US must stop creating confusion"

Again, the news releases in the American session are being shaken up by information, be vigilant!

👊👊👊

Friday Volatility Ahead: Key $BTC Levels to Watch
Tomorrow marks the last active trading day before markets enter weekend consolidation. I anticipate heightened volatility with potential whipsaws in both directions.
Key Expectations:
$90K support will hold through the week's close
Weekend price action: Likely subdued, ranging in a tight local consolidation
Friday volatility drivers:
Last-minute position squaring by institutional traders
Potential liquidity grabs around key levels
Strategic Outlook:
While we might see aggressive moves tomorrow, the underlying strength suggests bulls will maintain control above $90K. Prepare for possible:
Early session shakeouts below support
Late-day recovery to maintain weekly structure
Reduced participation during Saturday/Sunday
The $90K level now serves as both technical and psychological support - losing it would require significant fundamental catalysts that appear absent currently.

while $BTC continues a beautiful correlation with M2 and a lag of about +- 2 months

Are we waiting for 150k?

Another interesting thing is that $BTC has overtaken #Google and is now a top 5 asset by capitalization

$BTC Perpetual Contracts See One of Sharpest OI Spikes in 6 Months. According to CryptoQuant data, Bitcoin perpetual futures open interest surged +17.4% over the past 24 hours - marking one of the most aggressive single-day expansions since Q4 2023. While order books still show overhead resistance and trading volumes remain moderate, the return of volatility is undeniable. The critical threshold to watch is a confirmed breakout above $87K, which could:
1) Trigger a new wave of momentum trading
2) Force short-covering from overleveraged bears
3) Potentially ignite the next leg of the rally
Current market structure suggests traders are positioning for directional resolution - we're monitoring whether this OI growth reflects smart money accumulation or speculative froth.

The reason behind $BTC rally is simple — as predicted earlier, Mr. Trump has backed down.
Trump’s key statements:
"NO PLANS TO FIRE POWELL"
"I JUST WANT POWELL TO CUT RATES"
"TARIFFS ON CHINA WON’T BE AS HIGH AS 145%. THEY’LL BE SIGNIFICANTLY REDUCED, BUT NOT ZERO."
It seems Donny couldn’t handle the pressure from the dollar’s decline and falling Treasury bonds (or perhaps someone talked sense into him). He chose to fold.
This was logical and predictable from the start — everyone can see it’s a blatant bluff with cards laid bare. Even if China faces short-term recessionary pain, the U.S. would’ve ended up with severe goods shortages and hyperinflation.
There was a slim chance Trump would’ve doubled down on sinking America (and in business, he probably would have). But it turns out there are far more serious players in the room who explained, "That’s not how things are done.

For $BTC , I am inclined to start a correction from the current levels, but I do not rule out a possible approach to $ 92,000 before the pullback, there is a strong resistance, from which it is logical to go down. At the moment, I expect the price to be in the $88,500-$89,000 zone, and it would be ideal to see a further decline to $86,500 in order to start rising from there with a breakdown and consolidation above $90,000.

Your thoughts?

I think Shib will rise over time, we need to wait