If you’ve been following the crypto market closely, you’ve probably noticed the growing buzz around Bitcoin’s recent price movement. With strong weekly support holding and a clear bearish structure forming on the daily chart, BTC is at a real decision point. This analysis breaks down the key levels, market structure, and scenarios for both bullish and bearish outcomes.
🔵 Weekly Chart: Strong Support at the 100 EMA
On the weekly timeframe, Bitcoin has repeatedly held above the 100 EMA, currently sitting around $86,165. Each test has resulted in a strong reaction, with the latest bounce sending BTC toward the $94,000 region.
You can track live prices here:
👉 Bitcoin on CoinMarketCap
As long as BTC stays above the weekly 100 EMA, the bullish rebound structure remains intact.
Key Weekly Resistance Zone
The next major resistance sits between $97,000–$99,000, where:
- The weekly 50 EMA meets previous trendline resistance.
- A high-liquidity zone appears on futures markets.
Reference chart:
📉 Daily Chart: Bear Flag Formation
On the daily timeframe, Bitcoin is forming a clear bear flag, which usually signals bearish continuation. Confirmation occurs only if price breaks below the pattern’s lower trendline.
The same resistance between $97k–$99k matches the weekly chart, increasing its importance.
🔻 Bearish Scenario: Downside Targets
If BTC breaks the rising trendline, the following targets become likely:
- Daily 100 EMA – first support
- $80,650 – previous major swing low
- $72,000–$74,000 – historical liquidity zone
On-chain research tools:
👉 Glassnode
👉 IntoTheBlock
🧠Market Sentiment: Mixed but Cautious
🔵 Bullish Drivers
- Strong reaction at weekly EMA 100
- Liquidity buildup above $97k may trigger a short squeeze
- Long-term holder accumulation
🔴 Bearish Drivers
- Daily bear flag structure
- Increasing short interest
- Weakening momentum indicators
🟡 Overall Sentiment
Bitcoin is in a critical decision zone where both bullish and bearish scenarios remain valid.
⚠️ Personal Trading Advice
From my own trading experience, I strongly advise avoiding high leverage. If you decide to use it, keep it very low because the risks are extremely high.
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📌 Summary
- BTC holds weekly structure above EMA 100.
- Major resistance is $97k–$99k.
- Bear flag on daily suggests caution.
- Downside levels: $80,650 → $72k–$74k.
- Sentiment remains neutral with mixed signals.
⚠️ Risk Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Cryptocurrency trading carries significant risk. Always conduct your own research and consult a licensed financial professional before trading. CryptoFXRadar and its authors are not responsible for financial losses.
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