đ $BTC Weekly Update
Not a bad weekly close. Bitcoin is holding above the previous swing high, which is a positive sign.
As long as price continues to hold above that level, the structure looks healthy. Itâs not a major structural zone, but itâs important because after breaking a key high, we want to see the market hold that level and continue higher.
So far, Bitcoin is doing exactly that. â
Lower Timeframe:
đ„ $85K is the key zone to watch.
If the bulls manage to hold above $85K, we could see further continuation to the upside.
Even better would be if BTC doesnât revisit that zone at all. đ
DYOR â Not financial advice.
Not a bad weekly close. Bitcoin is holding above the previous swing high, which is a positive sign.
As long as price continues to hold above that level, the structure looks healthy. Itâs not a major structural zone, but itâs important because after breaking a key high, we want to see the market hold that level and continue higher.
So far, Bitcoin is doing exactly that. â
Lower Timeframe:
đ„ $85K is the key zone to watch.
If the bulls manage to hold above $85K, we could see further continuation to the upside.
Even better would be if BTC doesnât revisit that zone at all. đ
DYOR â Not financial advice.