$BTC
BTC
79,156.19
+2.14%
As I mentioned many times before, with no weekly close above $94K, the market dynamics have shifted significantly. That push above $94K was clearly just a deviation, as evident across multiple timeframes.
Price has now retested the next 4H support at $90.5K—precisely where the ascending trendline sits. And as you know, an ascending trendline on the daily chart is often a bearish signal. If we see a break below this level, it could easily drive price down to $BTC $85K.