A Weekly Analysis of BTC Market Trends


• Trend: High retracement to 86479, weekly key support broken, medium-term bearish, short-term significant decline has rebound demand.
• Indicator: MACD death cross with expanding green bars, selling pressure still present; divergence repair nearly complete, short-term rebound possible.
• Key Levels: Support at 86000-90000, resistance initially at 87500-88500, a break above 100000 would indicate a pause in the mid-term adjustment.
• Risk: If it falls below 86000, it may test 84000-85500. Avoid chasing the rise, and consider light short-term long positions and high shorts. $BTC
BTC2,32%
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