Bitcoin Bulls Are Holding Strong!
$BTC defended $80K, closing the week down just 2%, while Nasdaq fell 5% and semiconductors plunged over 11%.
BTC has closed above the 50W MA for 5 consecutive weeks, showing resilience despite market weakness.
Support: $80K and $76K Resistance: $84K and $87.5K
As long as BTC holds the $76K 50W MA, the bull trend remains intact. A breakout above $87.5K could trigger the next major rally.
$BTC defended $80K, closing the week down just 2%, while Nasdaq fell 5% and semiconductors plunged over 11%.
BTC has closed above the 50W MA for 5 consecutive weeks, showing resilience despite market weakness.
Support: $80K and $76K Resistance: $84K and $87.5K
As long as BTC holds the $76K 50W MA, the bull trend remains intact. A breakout above $87.5K could trigger the next major rally.
