🚀 Bitcoin's Rollercoaster Week! 🚀

Bitcoin is wrapping up a challenging week, tumbling nearly 10% 📉. But don't fret, BTC enthusiasts! Buyers are stepping up to halt this downtrend.

🔍 A closer look reveals a bearish wedge formation, causing prices to drop between Monday and Tuesday. Thankfully, resilient buyers held the line at the $58K support level, stabilizing the situation for now.

⚠️ This weekend is crucial! BTC must stay above $58K to prevent sellers from pushing it down to the low $50K range, reminiscent of early August.

📊 Despite the bearish weekly MACD, there's a silver lining: the histogram is making higher lows, hinting at a potential reversal. For a bullish turn, BTC needs to break and hold above $64K.

Currently, BTC stands at $59,420. Stay tuned! 🌟