📈LONG: $BTC (1W)

#BTCUSDT | #BTC | #Bitcoin

Current Price $92080.00

Market Cap $1822.20B

Change 1h -0.04% | 24h -5.90%

Weekly Indicators:

‱ RSI: 69 - Neutral 🟠

‱ MACD: 7574 - Bullish 🟱

‱ EMA: 68343 - Trading Above 🟱

Analysis:

The Bitcoin chart is showing an inverted head and shoulders pattern, hinting at a bullish reversal! This classic pattern usually signals a shift from bearish to bullish, suggesting strong upward momentum could be on the horizon.

Price Targets:

If BTC breaks the neckline resistance, we're eyeing $100,000 as an initial target. Beyond that, the next major resistance could be around $130,000. Keep an eye on support at $85,000 to confirm the trend!