BTCUSDT – Weekly Technical Outlook
🔹 Market Overview
Bitcoin (BTCUSDT) continues its steady upward recovery, currently trading around $94,000.
Following a strong bullish breakout from prior consolidation zones, BTC is now holding near local highs, showing cautious optimism among market participants.
🔹 Key Technical Highlights
• Price remains above major moving averages, confirming a bullish weekly structure.
• Support levels:
• $88,900 → Previous breakout base
• $81,780 → Strong weekly liquidity zone
• Resistance levels:
• $95,700–$97,500 → Critical supply zone ahead
• Psychological target above: $100,000+
🔹 Trend and Momentum
https://www.tradingview.com/x/4f47HA6O/
• Weekly trend is bullish while BTC holds above $88,900.
• Breakout above $95,700 could lead towards the $100,000 psychological target.
• Volume remains supportive of continuation.
🔹 Summary
BTC is consolidating at higher levels after an impressive rally.
A confirmed breakout above $95,700 would likely ignite further momentum.
Support zones remain intact, suggesting bullish structure continuation unless major levels are lost.
⚠️ This is an informational and educational analysis only. No financial advice is provided.
#Bitcoin #BTCUSDT #CryptoAnalysis #CryptoTrading #MarketFocus #TechnicalAnalysis #TradingView
🔹 Market Overview
Bitcoin (BTCUSDT) continues its steady upward recovery, currently trading around $94,000.
Following a strong bullish breakout from prior consolidation zones, BTC is now holding near local highs, showing cautious optimism among market participants.
🔹 Key Technical Highlights
• Price remains above major moving averages, confirming a bullish weekly structure.
• Support levels:
• $88,900 → Previous breakout base
• $81,780 → Strong weekly liquidity zone
• Resistance levels:
• $95,700–$97,500 → Critical supply zone ahead
• Psychological target above: $100,000+
🔹 Trend and Momentum
https://www.tradingview.com/x/4f47HA6O/
• Weekly trend is bullish while BTC holds above $88,900.
• Breakout above $95,700 could lead towards the $100,000 psychological target.
• Volume remains supportive of continuation.
🔹 Summary
BTC is consolidating at higher levels after an impressive rally.
A confirmed breakout above $95,700 would likely ignite further momentum.
Support zones remain intact, suggesting bullish structure continuation unless major levels are lost.
⚠️ This is an informational and educational analysis only. No financial advice is provided.
#Bitcoin #BTCUSDT #CryptoAnalysis #CryptoTrading #MarketFocus #TechnicalAnalysis #TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.