BITCOIN WEEKLY ANALYSIS
$BTC closed near Weekly MA 50 at $80,349. This is a major test, not a confirmed breakout yet.
Key level: $83K — BTC needs a weekly close above it to break the downtrend.
Bullish: MACD turning up, RSI 59, rising RSI trendline.
Bearish: RSI bearish divergence.
Bullish: Hold $76.2K + close above $83K → $90K, then $98K.
Bearish: Lose $76.2K → Weekly MA 200 near $65K.
Major US events ahead: PPI Sep 10, CPI Sep 11, FOMC Sep 16. Expect volatility.
#BTC #Bitcoin
$BTC closed near Weekly MA 50 at $80,349. This is a major test, not a confirmed breakout yet.
Key level: $83K — BTC needs a weekly close above it to break the downtrend.
Bullish: MACD turning up, RSI 59, rising RSI trendline.
Bearish: RSI bearish divergence.
Bullish: Hold $76.2K + close above $83K → $90K, then $98K.
Bearish: Lose $76.2K → Weekly MA 200 near $65K.
Major US events ahead: PPI Sep 10, CPI Sep 11, FOMC Sep 16. Expect volatility.
#BTC #Bitcoin
