📊 BTC WEEKLY MARKET UPDATE
Bitcoin is currently trading around $69,300, retesting a major historical support zone near $69K — the previous November 2021 All-Time High (ATH).
The weekly 200 MA is also around $69,560, making this a key decision zone.
🟢 Bullish Scenario: Holding this zone and reclaiming $75K could open the way towards $83K–$87K.
🔴 Bearish Scenario: A confirmed weekly breakdown could expose $59K, followed by $52K.
📌 Market Outlook: Watch the weekly candle close and volume reaction for confirmation. Avoid rushing into positions.
$BTC DYOR
Bitcoin is currently trading around $69,300, retesting a major historical support zone near $69K — the previous November 2021 All-Time High (ATH).
The weekly 200 MA is also around $69,560, making this a key decision zone.
🟢 Bullish Scenario: Holding this zone and reclaiming $75K could open the way towards $83K–$87K.
🔴 Bearish Scenario: A confirmed weekly breakdown could expose $59K, followed by $52K.
📌 Market Outlook: Watch the weekly candle close and volume reaction for confirmation. Avoid rushing into positions.
$BTC DYOR
