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Illya Gerasymchuk
Entrepreneur / Engineer

Bitcoin is still in a weekly uptrend it must either go up or down to ≈$109500 - a strong weekly support

Bitcoin is still in a weekly uptrend it must either go up or down to ≈$109500 - a strong weekly support two factors in play here: 1️⃣ USD index - inverse correlation 2️⃣ Global liquidity- correlation keep watching central bank's open market operations & balance sheets

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bitcoin went up 6% from the weekly support line until the end of this month, bitcoin will either see a new all time high or retest the ≈$0.1095M support this is the daily timescale of the same chart - the blue and red lines are weekly, green is daily just a quick check-up

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and there you go, Bitcoin reached a new all time high 😄 notice how precisely it respect the trend lines

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and soon the Eurozone will join the new BTC all time high party 🇪🇺🥳 Bitcoin still hasn't seen a new high in EUR since January 2025 this happened to due the relative appreciation apprtetiation of Euro against US dollar

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and there it is - a new BTC all time high in Euro 🇪🇺🥳

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