Weekly/Daily Analysis #BTC
Bullish Scenario: If BTC closes above $100,000 during the week, we could confirm a significant breakout from this psychological resistance. In this context, I speculate that the price has a high probability of continuing to consolidate its bullish trend, aiming for Fibonacci levels at $112,000-$129,000. This movement would be supported by a potential bullish order block in the $100,000 area, which could act as a key support for future impulses.
Bearish Scenario: If BTC fails to stay above $100,000, we would be facing a false breakout (bull trap), which could lead to pullbacks towards $90,000 or even $80,000, filling the pending imbalance (FVG) in this area.
In general, as long as the weekly close is favorable, the price has technical fundamentals to continue extending upward.
Thank you for reading me, and have a great day.
