🚨 BTC Weekly Update – Critical Zone Ahead! 🚨
Bitcoin has just made a very dangerous move on the weekly chart. We’ve closed with a Doji candle right at a major weekly resistance level – and price already broke down from that candle’s range. ⚠️
Why is this dangerous?
👉 Because the market has only done a shallow retracement on the higher timeframe so far. If BTC had broken above the yellow line (Arrow #1), it would’ve been a strong bullish signal. But since the breakout failed, rejection here could send price back for a deeper retracement.
📍 The deeper retracement zone sits near 100k (Arrow #5) – a level to watch very closely.
At the same time, I’ve marked two critical decision points on the chart:
* 116,310 (Arrow #1)
* 113,460 (Arrow #2)
✅ Breaking above/below these levels will be the real decision point for Bitcoin’s next big move – whether we go higher or prepare for a deeper correction.
⚡️ Reminder: Mondays are usually manipulation-heavy days in crypto. Best strategy is to wait for today’s candle to close before deciding on a buy or sell.
Next step 👉 I’ll also publish the BTC.D (Bitcoin Dominance) chart to see how altcoins might react. Stay patient, stay sharp – the market is about to reveal its hand!
🔥 Discipline + Patience = Profit 🔥
