I haven’t posted in a while about my analysis on #BTC, but since we’re nearing the end of the month, I thought it would be a good time to take a look back — and forward.

📈Weekly Chart Perspective:

#BTC is attempting a short-term recovery after pulling back to the 61.8% support zone. Price is currently testing resistance and needs to reclaim $86.7K to resume bullish momentum.

If BTC gets rejected at the 78.6% level again, we could see a potential retest around $72.6K.
That said, BTC is still holding above the 20-week MA, so bulls remain in control for now. A weekly close above $86.7K would open the door to $94.8K.

📈Monthly Chart Insight:

#BTC is in a macro uptrend but currently undergoing a monthly correction after rejecting the 78.6% Fib resistance.

Unless it reclaims and closes above $86.7K soon, we might see a deeper pullback toward $62.5K, which lines up with the previous breakout zone and could act as a solid reaccumulation base before a run at new all-time highs.

I am still hoping for the best and more volume.
#BTC #BTC