@muaddip

📉 BTC/USDT – Weekly Chart Analysis BTC is currently around $91,364 on the weekly timeframe, pulling back from the recent $126K peak. The chart shows a healthy but still ongoing correction phase rather than a full trend reversal. ⸻ 🔍 Overall Trend Bitcoin is correcting, but the long-term bullish structure is still intact. Short- and mid-term momentum is weak, yet the macro trend hasn’t broken. ⸻ 📊 Moving Averages (EMA/MA) EMAs • EMA7: Price is below → short-term momentum bearish • EMA25: Also broken downward → mid-term weakness • EMA99: Price remains above → long-term trend still bullish ➡️ Short-term = bearish ➡️ Long-term = still positive unless EMA99 breaks ⸻ 🟪 MA Levels (Major Supports) You’re approaching a very important zone: • MA100 (purple line) = major weekly support If BTC holds above it, it often acts as the reversal zone. If it breaks… deeper correction likely. ⸻ 📉 Volume Volume is not increasing during the drop → • No panic selling • No aggressive institutional selling pressure This is a positive signal. ⸻ 🔥 RSI (6–12–24) All RSI levels are sloping downward: • RSI(6): 24 → near oversold • RSI(12): 35 → weak momentum • RSI(24): 45 → neutral but turning down ➡️ BTC is losing momentum, but RSI approaching oversold often leads to a bounce on weekly charts. ⸻ 📌 Stochastic (K / D / J) • K & D are trending down • J is negative ➡️ No reversal signal yet — momentum still down. ⸻ 🎯 Key Levels Supports • $90,000 – $89,000 (first support zone) • $85,000 (mid-level support) • $78,000 (major weekly support — trend turns weak if broken) Resistances • $105,000 • $115,000 • $126,000 (previous peak) ⸻ 📌 Summary (Straight to the Point) • BTC is in a controlled correction, not a breakdown. • Long-term trend is safe unless price loses the MA100 / EMA99 area. • RSI is close to oversold → potential bounce soon. • Expect sideways to slightly downward movement until momentum shifts. • Losing 89–90K opens door to 85K, and below that 78K.

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