There are hours left until the close of the weekly candle, and the technical structure forces us to be realistic. There is no "hopium" here, just data.

What the chart tells us:

  • ❌ Massive Resistance: We are closing the week at $90,800, well below the 50 EMA (Light Blue Line) which is at $99,470. This line now acts as a formidable ceiling.

  • 📉 Trend: By also losing the 20 EMA (Yellow Line), the weekly trend has officially turned "bearish/corrective."

  • ⚠️ The Risk of the Gap: Observe the empty space below the price. The next major moving average support (200 EMA - Pink Line) does not appear until $66,000.

My Vision for Next Week:
Bulls have an impossible mission: To reclaim $99,500 quickly. If we do not manage to rise back to that zone soon, the market's gravity will seek liquidity at much lower levels ($80k - $75k). Maximum caution.

🇬🇧 English Summary:
Bearish Weekly Close for $BTC . We are closing significantly below the key 50 EMA (Blue Line) at $99.4k and the 20 EMA (Yellow Line). These levels have flipped from support to heavy resistance. The weekly trend is now corrective. The risk is the large gap down to the next major support (200 EMA at ~$66k). Bulls need to reclaim $99.5k immediately to avoid further downside.

#WeeklyClose #BearishAlert #TechnicalAnalysis #MarketUpdate #BinanceSquare

👇 Looking at this weekly chart... Are you optimistic about reclaiming $100k in December or are we going to $80k?

"Bitcoin closes the week 'underwater'. $100k is now a concrete ceiling"

⚠️ Disclaimer: This content is for educational and informational purposes only. It does not constitute financial advice. Do your own research (DYOR).