Bitcoin: Weekly Indicator Flags New Uptrend
Bitcoin weekly chart shows new uptrend start per top indicator, with BTC at $86631.76 testing resistance amid bullish 4h EMA structure.
SourceAnalysis
Bitcoin weekly timeframe signals the start of a fresh uptrend via key green-box indicators, putting bears on alert as posted by @RhythmicAnalyst.
Price at $86631.76 tests upper Bollinger resistance at $86398.27 while RSI(14) at 70.01 signals overbought conditions, making a retracement to EMA50 support at $84449.55 likely before continuation, with EMA200 at $81202.68 as deeper floor and MACD golden cross at 379.51 reinforcing the bullish structure for BTC price prediction amid crypto market dynamics.
Mihir
@RhythmicAnalystCrypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.
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