BTCUSDT (Weekly) – Long-term Chart Update.
BTC is still inside a rising channel (higher highs & higher lows intact).
Price is holding the lower trendline support of the channel — a key bullish area.
The weekly MA (~87.5k) is acting as dynamic support.
Current price: ~88.7k
This is a make-or-break support region.
As long as weekly closes stay above the lower channel + MA, the bullish structure remains valid.
Consolidation above 85k–90k.
100k psychological-
120k–125k (channel mid/upper area)
Extended cycle target 140k–150k+ (as projected)
Weekly close below ~85k.
Break of channel support → deeper correction toward 75k–70k.
short-term consolidation
Buy the dip mindset while structure holds.
BTC is still inside a rising channel (higher highs & higher lows intact).
Price is holding the lower trendline support of the channel — a key bullish area.
The weekly MA (~87.5k) is acting as dynamic support.
Current price: ~88.7k
This is a make-or-break support region.
As long as weekly closes stay above the lower channel + MA, the bullish structure remains valid.
Consolidation above 85k–90k.
100k psychological-
120k–125k (channel mid/upper area)
Extended cycle target 140k–150k+ (as projected)
Weekly close below ~85k.
Break of channel support → deeper correction toward 75k–70k.
short-term consolidation
Buy the dip mindset while structure holds.
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