Satoshi Nakamoto pfp

Satoshi Nakamoto

@amarsadaqat

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📰 BITCOIN WEEKLY REPORT Bitcoin has held its recent gains and is trading sideways between $116K and $120K over the past week. Bulls are maintaining strong control at these levels. As seen in 2017 and 2021, this consolidation phase could trigger a breakout towards $175k-$200k in the next 5–6 months. 🔹 Resistance: Practically free air now — $125K based on H&S pattern target 🔹 Support: $116K and $110K ✅ MACD is still strong, indicating momentum continues ✅ RSI has reached 71% (overbought territory), but in parabolic phases, BTC RSI can hit 85–90 levels 📉Reminder: Market makers often use FUD/FOMO news to create volatility and grab liquidity on both sides — be cautious around major headlines. 🚀 Key Macro Tailwinds: 1. Trump signed the “Big Beautiful Bill” — expected to inject massive liquidity 2. Markets have absorbed multiple war-related shocks and are still at ATH 3. Tariff fears in Q2 were absorbed — market rebounded strongly.
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