$BTC Weekly update
Trend has clearly been lost at this time and buyers will need a weekly close back above 97.6k to have a shot at changing that.
Known sellers at 106k - 116k.
Potentially new sellers at 98k - 106k
I won't rule out an attempt at 100k being offered but Im still sticking to the expectations that lower prices will be offered in the future for #Bitcoin
Reversal invalidation is a weekly close above 110k.
68k is the next Wave A of Y target down.
53k is the next wave C of Y target down before the correction is complete.
Wouldn't be surprised if the august 2025 lows get swept.
As stated for months. I'm not short. I just don't believe buyers are willing to support this price level yet which means the market will search for that demand lower.
I look forward to buying the dip in the future.
If you don't agree with anything you just read?
I don't care.
cheers and best of luck as always🥂
