Last weeks high: $93,653.56
Last weeks low: $86,076.35
Midpoint: $89,864.96
As price sits at 2026 Yearly open levels the severity of the recent $98,000 rejection becomes even more clear for the direction of Bitcoins price.
The high time frame trend after the $98,000 rejection is a bearish one. The attempt to flip the 4H 200 EMA and use it as a launch failed with price falling back below it, confirmed by Fridays wick at $91,000 being pushed back down with force. From here the downward target would be Weekly low followed by $82,500.
The bulls have a buyside liquidity problem and with ETF flows turning negative, the short term does not look in their favor. The threat of another US Government shutdown would put further strain on the buyside demand as we saw previously during the October shut down of 2025, currently the odds of a shut down are at 70% on prediction markets. The bulls target remains the same as it has been since the start of the year, $98,000 must be flipped with price acceptance above to shift the HTF structure back in their favor.
Last weeks low: $86,076.35
Midpoint: $89,864.96
As price sits at 2026 Yearly open levels the severity of the recent $98,000 rejection becomes even more clear for the direction of Bitcoins price.
The high time frame trend after the $98,000 rejection is a bearish one. The attempt to flip the 4H 200 EMA and use it as a launch failed with price falling back below it, confirmed by Fridays wick at $91,000 being pushed back down with force. From here the downward target would be Weekly low followed by $82,500.
The bulls have a buyside liquidity problem and with ETF flows turning negative, the short term does not look in their favor. The threat of another US Government shutdown would put further strain on the buyside demand as we saw previously during the October shut down of 2025, currently the odds of a shut down are at 70% on prediction markets. The bulls target remains the same as it has been since the start of the year, $98,000 must be flipped with price acceptance above to shift the HTF structure back in their favor.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.