Right now, I’m waiting for the price to move up toward the 98–99k area.
Before that happens, there’s still a good chance we’ll see a pullback to around 93,500–92,700. If we do get that pullback, I’ll be looking to build a long position from there.
But if the pullback doesn’t happen and the price breaks above 95,300, I’ll look to catch a long on the breakout instead.
Once we reach the 98–99k target zone, I’ll start watching for short setups. $BTC
#BITCOIN on WEEKLY TF, we have some strong move to the upside, and reached the resistance area anticipated the Daily Analysis. We need to see a flip over the resistance area/ closing and can be early hint that price can move higher after that. It's also a strong supply area to be cautious.
We closed the week above $95,000 (in line with my forecast). The stock market is also showing a strong bullish structure. Early next week, we could see another push higher across all markets.
After that, I expect a small cooldown around the $89-90K zone for BTC — to build a solid base for the next leg up in May. The rising FOMO around BTC — now hitting yearly highs — also supports the case for a cooldown.
$94K is now the key level to watch. Let’s monitor the reaction! 😊$BTC