Bitcoin: Breakout Incoming? ๐๐ฅ
BTC stuck in 85kโ93k range for 4 weeks.
Weekly Trend: Still in downtrend, needs 98kโ100k to turn bullish.
Daily Chart: No close above 93k or below 85k โ direction unclear.
Key Levels:
Resistance: 93k
Support: 87,500 (trendline + higher lows)
Whatโs Next?
Ascending triangle forming โ breakout could happen this week.
Bullish: Close above 93k โ next target 98kโ100k.
Bearish: Drop below 87,500 โ could test 85k or lower.#BinanceBlockchainWeek #WriteToEarnUpgrade
BTC stuck in 85kโ93k range for 4 weeks.
Weekly Trend: Still in downtrend, needs 98kโ100k to turn bullish.
Daily Chart: No close above 93k or below 85k โ direction unclear.
Key Levels:
Resistance: 93k
Support: 87,500 (trendline + higher lows)
Whatโs Next?
Ascending triangle forming โ breakout could happen this week.
Bullish: Close above 93k โ next target 98kโ100k.
Bearish: Drop below 87,500 โ could test 85k or lower.#BinanceBlockchainWeek #WriteToEarnUpgrade