$BTC is on track for its first weekly close above the 50WMA since losing it around $103K. The first reclaim attempt was rejected a few weeks ago, which isn’t unusual. Historically, Bitcoin has often struggled on the first 50WMA retest during bear markets before eventually reclaiming it on the second attempt. Interestingly, those successful second reclaims have historically aligned with major market regime shifts. Now we’re seeing the second attempt. Watching how this weekly close plays out. #BTC Price Analysis# #Macro Insights#
