Loading video...
Video Failed to Load
$BTC Weekly close above this resistance Or this pump doesn't mean anything
66,478 views • 7 days ago •via X (Twitter)
29 Comments

Going close above and tomorrow dump

Fakeouts above resistance on the weekly have wrecked too many people lately, definitely waiting for confirmation before getting excited.

Key level — $BTC needs that weekly close above the long-term resistance or this latest pump risks fading like the others.

And the body of that candle closing on the weekly is BULLI$H…

Yep. Gotta break the BB midline on the monthly.

Looks like a pretty stark h&s to me

Bullish structure is intact, but we need to break the channel

yeah weekly close is everything here tbh

Yeah,the weekly close is the real test. Until then,it’s still just another pump.

It does mean everything

So you bought and are managing this buy order, right?

Weekly close is the real confirmation.

That weekly close above resistance is the real test for $BTC — otherwise this move doesn’t mean much. Curious if @JavierMolinaSTK is watching that same level.

Exactly. A weekly close above resistance is what gives this move real confirmation. Until then, it’s just noise. VOICE is watching.

Em cũng đang chờ nến tuần xác nhận bác

Waiting on that weekly close is the only thing that matters.

Without a weekly close above that line, this pump is just noise. You and @SophiaBlackkod are two of my favorite follows for keeping it real about what actually confirms a move.

Major resistance breaking would be huge for the next leg up

Watching this weekly close closely, could confirm the next big leg up

3 from 5 bearmarkets had higher highs on the weekly

weekly close matters for sure. alts are carrying 27.9% of all futures bets now, only one day since 2020 was higher.

hoping we get a clean breakout here

4Q🤔

Tonight's close is the test, but your line sits right inside the 83,000–85,000 range BTC has been stuck in for days. A weekly close just above it and under 85,000 is still a close inside the range. The level that actually separates breakout from noise is 85,000. Below 82,507, the pump really didn't mean anything.

When I draw it up, there is a little wiggle room with that red line, but can say for sure if we weekly close above $83900 we def clear it. 4.5 Hours remain.

Keeping an eye on that weekly close! Fingers crossed for

funding basically flat and OI only up 0.8%, so this pump isn't being chased by leverage yet. weekly close above that level is the only thing that turns a dead cat bounce into something real

Finally, a chart that makes sense!

We form the right shoulder, and break.. it’s all good
