$BTC
BTC
69,995.88
+1.64%
BTC/USDT Weekly View 🔍
🪙
Bitcoin has clearly broken below the rising trendline on the weekly timeframe, and price is now trading under key EMAs. This move shows strong bearish momentum, especially after failing to hold previous support zones.
RSI is deeply oversold, which means short-term relief or a bounce is possible, but overall structure still looks weak unless BTC reclaims major resistance levels. The 200 EMA area is acting as a critical zone — holding it is important to avoid further downside.
Right now, patience is key. Aggressive trades can be risky in this zone. Smart money will wait for confirmation, not emotions.
📌 Trend > Emotions
📌 Risk management first
📌 Let the market confirm direction