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BITCOIN WEEKLY:
“BREAKOUT TEST PASSED ✅ Sellers tried to drop BTC below $109K — didn’t work. Buyers bought when it dipped. Ending the week near the top = ready for more growth 🚀
The two weekly candles (circled) show a bullish pattern after breaking above $109K.
Here’s what happened:
- First candle (red) → A drop after the breakout, but it didn’t go back below $109K — that’s important. It means sellers tried to lower the price but couldn’t stop the breakout.
- Second candle (green) → A recovery candle that ended near the top, showing buyers quickly came back to support the new level.
Pattern name: This looks like a bullish harami (small body inside the previous candle) or just a retest & confirmation after the breakout.
Implication: If next week’s candle stays green and goes above the previous high, it could lead to more buying toward new highs (possibly $123K+).
This is basically the marketsaying: “We tested the breakout… and it held. Let’s go higher.”
#ETH #SOL #XRP
#WeeklyHighlightPosts