📊 
BTC Daily Chart
Price bounced cleanly off the 0.236 Fibonacci retracement at $104.6 and is now pressing into local resistance.
– Heikin Ashi candles turned green
– RSI is curling upward
– MACD remains weak, no confirmation yet
Key levels:
→ Break above $106.3 could open the way to $112K
→ Drop below $104.6 puts $100K back in play
📅 All eyes on tonight’s weekly close.
A candle close above $106K would confirm strength into next week.
BTC Daily ChartPrice bounced cleanly off the 0.236 Fibonacci retracement at $104.6 and is now pressing into local resistance.
– Heikin Ashi candles turned green
– RSI is curling upward
– MACD remains weak, no confirmation yet
Key levels:
→ Break above $106.3 could open the way to $112K
→ Drop below $104.6 puts $100K back in play
📅 All eyes on tonight’s weekly close.
A candle close above $106K would confirm strength into next week.
Trade active
📊 BTC 4H ChartBullish momentum accelerating into diagonal resistance around $106.3.
RSI rising with room to run; MACD just crossed up.
Price trades inside a rising channel after reclaiming $101.75 support.
Break → $108.3 / $112K
Rejection → $104.6 retest
Weekly close tonight could seal the direction.
Note
📊 BTC Weekly ChartPrice rejected at ~$106.3, the local top of the rising channel and key horizontal resistance.
– RSI at 66 → approaching overbought, but no divergence
– MACD trending higher with solid momentum
– Heikin Ashi candles remain green and rising
Structure remains bullish as long as $100K holds.
Weekly close above $106K would confirm continuation toward $112K and beyond.
Key support: $100K
Key breakout level: $106.3
Note
📆 BTC Monthly ChartMomentum remains strong with consistent green Heikin Ashi candles and a clear uptrend channel.
– TD Sequential count: 6 green bars, no exhaustion yet
– RSI at 75.9 → overbought, but stable
– MACD remains strongly bullish with wide spread and rising histogram
Price is riding the upper trendline of the long-term channel.
Break and monthly close above $108K would position BTC for a new ATH run.
Current structure remains bullish unless price breaks below $92K on a monthly close.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.