1. Price Range & Support/Resistance
- BTC is consolidating between $105K–$109K, with buyers stepping in near $104.5K .
- A decisive breakout above resistance around $110K could target $115K–$127K, per channel projections forex24.pro.
- On the bearish side, a breakdown below $104.5K may test lower floors near $99K .
2. Technical & Sentiment Drivers
- Weekly chart remains strongly bullish, with ~93% of moving averages signaling upward momentum centralcharts.com+1fxpro.news+1.
- Overbought stochastic indicators and repeated rejections at $110K hint at short-term pullback risk fxpro.news.
- Sustained inflows into spot Bitcoin ETFs—over $11 billion in recent weeks—underscore institutional faith in BTC as “digital gold” mobee.io+2theaustralian.com.au+2zebpay.com+2.
3. Macro & Institutional Momentum
- Ongoing ETF-driven demand is anchoring price stability en.wikipedia.org+13theaustralian.com.au+13mobee.io+13.
- Major corporate treasuries—like MicroStrategy—continue accumulating, signaling long-term confidence mobee.io.
- Momentum could accelerate further if macroeconomic tailwinds (interest rate cuts, dollar weakness) align with technical strength.
🔮 Trade Outlook & Key Levels:
| Scenario | Key Levels | Strategy |
|---|---|---|
| Bullish | Break above $110K → $115K–$127K | Accumulate near support; ride the breakout |
| Bearish | Breakdown below $104.5K → $99K | Tighten stops; consider short-term scalp trades |
🔑 Takeaway:
Bitcoin remains in a bullish consolidation phase—with institutional inflows and technical momentum as tailwinds. The coming week’s key pivot zones: $104.5K–$105K (support) and $110K (resistance). Price action around these levels will likely dictate whether BTC launches higher or dips into deeper correction.
📺 Featured Chart Insight:
Feel free to embed the screenshot of this weekly BTC chart for visual clarity—highlighting support/resistance zones and trendlines.
📰 More Insight:
Bitcoin could surge 45% to $200K within a year, according to ETF inflow dynamics and institutional adoption trends xtb.com+2fxpro.news+2en.wikipedia.org+2mobee.ioforex24.pro+4xtb.com+4arxiv.org+4theaustralian.com.au.
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!
