BTC | Weekly Structure Update
BTC is currently trading around $74.6K and remains inside an important weekly support area.
Multi-timeframe RSI:
• 1W: 47.7 — Pullback in up-wave
• 1D: 36.0 — Strong down
• 4H: 41.3 — Sideways
• 1H: 45.6 — Sideways
The weekly bullish divergence remains visible, suggesting that downside momentum may be weakening on the higher timeframe.
However, the daily structure is still weak, so a larger recovery has not yet been confirmed.
The key is whether BTC can hold this weekly support area while RSI structure continues to improve.
For market analysis and educational purposes only.
BTC is currently trading around $74.6K and remains inside an important weekly support area.
Multi-timeframe RSI:
• 1W: 47.7 — Pullback in up-wave
• 1D: 36.0 — Strong down
• 4H: 41.3 — Sideways
• 1H: 45.6 — Sideways
The weekly bullish divergence remains visible, suggesting that downside momentum may be weakening on the higher timeframe.
However, the daily structure is still weak, so a larger recovery has not yet been confirmed.
The key is whether BTC can hold this weekly support area while RSI structure continues to improve.
For market analysis and educational purposes only.
