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BTC Weekly Analysis: Still Holding Key Levels
My technical reading on Bitcoin remains unchanged from the previous analysis. The critical zone to monitor sits at 110K—this represents the pivotal stage for the broader trend. Until we reach that threshold, expect a gradual grind higher spanning the 110K-114K range.
The structure suggests neither explosive rallies nor sharp pullbacks in the near term, just steady price discovery within this band. 110K acts as our confirmation point; breach it convincingly and the narrative shifts, fail to hold it and we retest lower support.
Keeping close watch on weekly structure for the next move. Volume and momentum will be the deciding factors once we approach the zone.