๐ BTC Market Update โ Weekly Analysis ๐
Bitcoin is currently trading around 117,177 USDT, showing a slight correction of -0.73% after touching a weekly high of 123,218. This indicates a potential short-term resistance zone.
๐ Key Levels to Watch:
Resistance: 123,200 USDT
Support: 111,000 USDT (MA 7)
Trend: Strong bullish continuation with support from MA(25) & MA(99)
๐ง My View:
If BTC holds above 111K, we may see another breakout toward 125K. A pullback in this range could be a buying opportunity, especially for swing traders targeting higher highs.
๐ Volume is stable. Long-term momentum remains strong (๐ +73.64% in 1 year).
๐จ Not financial advice โ just sharing my personal analysis based on market trends.
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