$BTC is still fighting the same weekly resistance, and the candles are telling a very clear story.
Last week, BTC was rejected with a near 50-50 body-to-wick structure, showing strong hesitation around the resistance zone.
Now this week, price is making another attempt to break higher, but the weakness is visible. If the weekly candle closes with large wicks on both sides and only a small body, it would again signal indecision, not confirmation.
That means one thing:
The market is still waiting for its direction.
A clean weekly close above resistance could finally open the door for the next leg higher. But another rejection would keep BTC trapped and could trigger a deeper pullback before the next attempt.
So I’m not chasing the move yet.
The real signal may come next week.
Let the weekly candle confirm the breakout before making the big decision.
Last week, BTC was rejected with a near 50-50 body-to-wick structure, showing strong hesitation around the resistance zone.
Now this week, price is making another attempt to break higher, but the weakness is visible. If the weekly candle closes with large wicks on both sides and only a small body, it would again signal indecision, not confirmation.
That means one thing:
The market is still waiting for its direction.
A clean weekly close above resistance could finally open the door for the next leg higher. But another rejection would keep BTC trapped and could trigger a deeper pullback before the next attempt.
So I’m not chasing the move yet.
The real signal may come next week.
Let the weekly candle confirm the breakout before making the big decision.
