This week in JUSTICE, we’re pivoting from token talk to sheer #bitcoinanalysis, because it’s all about #BTC Bitcoin Market Recap as #bitcoinprice shows intense volatility and opportunity.
🔍 This Week’s Bitcoin Market…
- Geopolitical jitters triggered a dip to $98.2k after U.S. strikes on Iranian nuclear sites, marking the lowest point since May 8 swapspace.co+2mexc.com+2coingecko.com+2investopedia.com.
- A rebound followed, pushing BTC to around $101.2k, though still beneath its recent peak near $109k investopedia.com.
- Bitcoin remains locked in a descending channel, signaling a consolidation phase with $100k as the crucial support and $107k as resistance investopedia.com.
📈 Key Levels to Watch
- Support:
- $100k – Psychological anchor and channel base
- $92k – Next-danger zone if $100k breaks down finance.yahoo.com+7investopedia.com+7coincodex.com+7
- Resistance:
- $107k – Upper channel boundary and local peaks
- Above that, $112k could test near the all-time high finance.yahoo.com+7investopedia.com+7youtube.com+7
🧩 Technical Outlook
- BTC’s RSI is weakening, showing cooling momentum inside the channel .
- A close below $100k could initiate a drop toward $92k.
- Conversely, a breakout above $107k might spark a rally toward $112k, prompting potential profit-taking.
🔮 #btcprediction: Verdict?
Short-term: Highly reactive to external shocks. A dip under $100k may offer buying opportunities, but beware flips toward $92k.
Mid-term: A bullish breakout could herald a swift rally; failure to break out likely extends the down-channel consolidation.
💡 Takeaway for Investors
- If you’re a swing trader, keep stops tight around $100k and accumulate near support.
- For long-term holders, ignore the noise—Bitcoin still holds a strong position as digital gold, supported by its capped supply and decentralization thesis
Gold and Silver Movements This Week
Gold surged above $2,400 per ounce, while silver briefly topped $37 before retreating slightly. Both precious metals rallied as investors sought safe-haven assets amid rising geopolitical tensions and economic uncertainty, signaling increased caution across global markets.
✅ Final Word
This week’s #btcanalysis shows a tug-of-war between geopolitical fears and bullish technical potential. Watch $100k like a hawk—defend or conquer. Whether you’re a long-term investor or a trader, staying alert is the key to success.
Aura Wright is the first psychic and cryptoastrologer in the crypto space. She has an accurate track record as you can see here: https://www.tradingview.com/u/ to join as a member for detailed predictions go here: aurawright.media/membership-levels/
Stay tuned for next week’s updates on #bitcoincryptocurrency trends, #btcprediction, and deeper #bitcoinanalysis!
