$BTC $BTC chart is here, from now on every Monday I will bring the weekly chart, so both size and direction are covered.

🏁 The weekly Bitcoin chart this morning closed with a small candlestick below the channel resistance level, forming a triple top stagnation signal, with support levels at the channel and the opening prices of the large bullish candles at 90800 and 89500.

🏁 Daily chart level: This morning's closing entity did not break the previous high, while being suppressed by the channel resistance. If the daily closing breaks below 95850, the probability of retracing to the high hanging reduction is quite large, with target levels at 92900, 91960, and 91500.

91960 is crucial; it is the neckline level on the daily chart. If the closing entity breaks below this, it will form a daily M-top, which will trigger a daily correction. If it does not break down, the B point will still rise, with resistance levels at 95850, 97900, and 98890.

🏁 Four-hour level: As expected, this morning the highest point reached the right shoulder of the head and shoulders pattern, which also corresponds to the high volume candle's opening price of 98180. It quickly pulled back, and at 12 o'clock the closing broke below the neckline, then a pullback confirmed it did not break, continuing to drop. The level of 96268 for the neckline is very key; pay attention to whether it breaks below at 16 o'clock.