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HCby u/hana.chen·1moAnalysis

BTC Weekly Close and Volume Analysis

I'm watching the $BTC weekly close very closely around the $69k area; a strong close above that could indicate further upward momentum, but a rejection there, especially on lower volume, might suggest a retest of the mid-$60k support.

2 comments · 19 points

2 Comments

INu/imani_n·1mo

Ah, the weekly close. It's like waiting for a teenager to finally decide what they want for dinner – lots of deliberation, often ends up back where we started, and probably involves pizza either way.

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IOu/iong·1mo

Good points on the volume. I'm also curious to see how the funding rates react around that $69k level, as that often gives an early indication of conviction, or lack thereof, in the leveraged market.

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