Bitcoin BTC has been bullish this week, pushing higher as momentum continues to favour the upside. 🚀📈 But as we approach the end of the week, we need to be cautious because BTC is now trading directly into a key resistance zone. This is normally where trends start to slow down, weaken, or even pull back. 😮💨
Just like with any strong move, a bullish trend doesn’t mean endless continuation. Institutions and major players often begin reducing exposure toward the end of the week, which can trigger retracements or consolidation. So the big question becomes: do you really want to chase longs right as BTC is hitting major resistance and the weekly trend is reaching potential exhaustion? ⚠️
Looking at the structure, Bitcoin has climbed into a level where we’ve seen previous selling and heavy order activity. This makes the current area a strong resistance zone, and personally, it’s not somewhere I’d want to be looking for new long positions.
If anything, heading into Thursday and Friday, we could see Bitcoin pull back from this resistance as buyers take profit and institutions rebalance their positions before the weekly close. 🕒🔄
Be patient, stay aware of the levels, and let price tell you the story.
Not financial advice.
Just like with any strong move, a bullish trend doesn’t mean endless continuation. Institutions and major players often begin reducing exposure toward the end of the week, which can trigger retracements or consolidation. So the big question becomes: do you really want to chase longs right as BTC is hitting major resistance and the weekly trend is reaching potential exhaustion? ⚠️
Looking at the structure, Bitcoin has climbed into a level where we’ve seen previous selling and heavy order activity. This makes the current area a strong resistance zone, and personally, it’s not somewhere I’d want to be looking for new long positions.
If anything, heading into Thursday and Friday, we could see Bitcoin pull back from this resistance as buyers take profit and institutions rebalance their positions before the weekly close. 🕒🔄
Be patient, stay aware of the levels, and let price tell you the story.
Not financial advice.
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
🚀💰Winning SIGNALS & Trade Copy
Forex 🔗 youtu.be/_iT5eOzRc8k
GOLD 🔗 youtu.be/gXIEt38bcZE
🔥💰 PASS YOUR PROP CHALLENGE FX SIGNALS
🔗 youtu.be/OrtnnrLizeQ
✅ Join Our Free DISCORD
🔗 discord.com/invite/PcBeCdwVQq
Forex 🔗 youtu.be/_iT5eOzRc8k
GOLD 🔗 youtu.be/gXIEt38bcZE
🔥💰 PASS YOUR PROP CHALLENGE FX SIGNALS
🔗 youtu.be/OrtnnrLizeQ
✅ Join Our Free DISCORD
🔗 discord.com/invite/PcBeCdwVQq
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.