🚨#BITCOIN WEEKLY: 🚨 BTC turn red in last hour of the week and seems it will give a doji candle.
Bearish MACD is major concern is chart and it not look good.
Conclusions & Outlook:
⚖️Short-Term: BTC is consolidating in the $90K - $110K range. Given the MACD crossover, a minor pullback or sideways movement is possible.
⚖️Mid-Term: If BTC maintains support above $90K, a continuation toward new highs is likely.
⚖️Long-Term: BTC historically performs well post-US elections, indicating a potential rally into late 2025.
Key Levels to Watch:
Support: $90,000 (Range Low), $73,000
Resistance: $110,000
Must check our other charts to understand bullish and bearish factor in chart.
BTC #BTCUSDT
Bearish MACD is major concern is chart and it not look good.
Conclusions & Outlook:
⚖️Short-Term: BTC is consolidating in the $90K - $110K range. Given the MACD crossover, a minor pullback or sideways movement is possible.
⚖️Mid-Term: If BTC maintains support above $90K, a continuation toward new highs is likely.
⚖️Long-Term: BTC historically performs well post-US elections, indicating a potential rally into late 2025.
Key Levels to Watch:
Support: $90,000 (Range Low), $73,000
Resistance: $110,000
Must check our other charts to understand bullish and bearish factor in chart.
BTC #BTCUSDT 
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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.