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Market Insights Weekly: Weekly Forecast Challenge
My Judgment: Yes
Weekly BTC Outlook (Personal View Only)
Right now BTC is showing early strength again after that deep pullback into the 106K range. On lower timeframe like 1H we can see that buyers stepped back in and the moving averages are starting to flatten instead of sloping down. That means market panic is reducing and positions are stabilizing. MACD also crossed above signal line which usually supports short term upside momentum.
On higher timeframe view, weekly candle still holds the bullish structure even after this correction. The market is still respecting higher-low formation, which means the bigger trend is not broken.
So seeing current structure + sentiment + recovery pattern, I still keep my personal expectation that BTC can make another attempt toward 120K zone this week.
3 supporting points (One sentence each)
1. Buyers defended the 106K zone strongly instead of continuing the breakdown.
2. MACD is showing early positive slope again on 1H which supports regain momentum.
3. Weekly structure is still bullish and long trend is still higher-low based.
Future Prediction Refinement using mixed method
Short timeframe (1H): Tendency is upward but not explosive. Controlled grind style move.
Medium timeframe (4H): If BTC holds above 109K base, momentum can continue building.
Higher timeframe (1W): Structure still targets higher range retest around 120K region as long as no weekly candle loses bullish structure.
This is a personal opinion, not financial advice.
#WillBTCHit120K