Umer BSC
Crypto market analyst since 2018, sharing technical insights, price action analysis, and risk aware trade ideas. Focused on education, discipline, and consisten
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Bitcoin Weekly Structure Update
Bitcoin is approaching a key decision area on the weekly timeframe.
A descending trendline near the 92k region is acting as a structural boundary. A confirmed break above this level, supported by strong volume, would signal a shift from corrective price action toward a healthier upward trend.
At the moment, weekly volume remains relatively low, suggesting limited participation. Breakouts without volume often lack follow-through and can lead to distribution rather than continuation.
Another scenario to consider is a deeper retracement toward the 73k area. Such a move would help reset momentum and rebuild structural support before higher prices become sustainable.
At this stage, the focus is not on prediction, but on confirmation.
Strong markets prove demand first.
Price follows later.
#btc #bitcoin $BTC
Bitcoin is approaching a key decision area on the weekly timeframe.
A descending trendline near the 92k region is acting as a structural boundary. A confirmed break above this level, supported by strong volume, would signal a shift from corrective price action toward a healthier upward trend.
At the moment, weekly volume remains relatively low, suggesting limited participation. Breakouts without volume often lack follow-through and can lead to distribution rather than continuation.
Another scenario to consider is a deeper retracement toward the 73k area. Such a move would help reset momentum and rebuild structural support before higher prices become sustainable.
At this stage, the focus is not on prediction, but on confirmation.
Strong markets prove demand first.
Price follows later.
#btc #bitcoin $BTC
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