đš Bitcoin Weekly Market Update đ
Bitcoin wrapped up the week with a strong green candle, continuing to trade above its 200-week Moving Average for the second consecutive weekâa positive sign for the long-term trend.
â Bullish Highlights:
Weekly MACD remains in a bullish crossover.
RSI continues to show bullish divergence.
Price is holding firmly above the rising 200-week MA.
đŻ Key Price Levels:
Resistance: $67,000â$68,000
Support: $63,500 and $58,000
As long as BTC stays above the 200-week MA, the broader outlook remains positive. A decisive breakout above $67,000 could open the door for the next leg higher. đ
#Bitcoin #BTC #Crypto EtherApproaches$2000 Trading #BinanceSquare
Bitcoin wrapped up the week with a strong green candle, continuing to trade above its 200-week Moving Average for the second consecutive weekâa positive sign for the long-term trend.
â Bullish Highlights:
Weekly MACD remains in a bullish crossover.
RSI continues to show bullish divergence.
Price is holding firmly above the rising 200-week MA.
đŻ Key Price Levels:
Resistance: $67,000â$68,000
Support: $63,500 and $58,000
As long as BTC stays above the 200-week MA, the broader outlook remains positive. A decisive breakout above $67,000 could open the door for the next leg higher. đ
#Bitcoin #BTC #Crypto EtherApproaches$2000 Trading #BinanceSquare