BTC WEEKLY CHART

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BTC WEEKLY CHARTBitcoin / USDBINANCE:BTCUSDTheQUANTUMTradersDear Traders, Please review the weekly chart of BTC. In my previous analysis, I shared a 4H chart for a closer view. The technical Analysis was spot on and perfect. However, this weekly chart provides a broader perspective for the long-term outlook. As you can see clearly, after forming higher highs, the price has reversed, creating multiple Bearish flag patterns and eventually forming a lower low (LL). This indicates that previous support levels have been broken, and price action will now play a crucial role. At this stage, allow the price to test and retest the support zone around 45K – 50K. If the price shows a reversal from this area and moves back toward the trendline, wait for a confirmed breakout with a candle close above the trendline. Following a successful retest, bullish positions may be considered as marked clearly on the chart with arrow. Potential targets: 70K, 80K, 90K, and 105K. Please note, this is a higher timeframe analysis, and reaching these levels may take several months. Trade with patience and proper risk management. This is not financial advice—please trade at your own risk. If you found this analysis helpful, feel free to like, share, and comment. Your support helps us provide more insights. The Quantum Trading Mastery