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#BTC Hits 97K#


It is very important for BTC to stay above 103,000 this week, and of course, it will need to close the week here; otherwise, problems may arise again. It needs to break above the weekly Bollinger middle band and close the week there, remaining stable. In a period where macroeconomic indicators are in such good conditions, BTC should not go down to the lower bands. If there is no buying crowd to meet the intense selling in the 106,459 area, there is a possibility that BTC will visit the lower support bands. Weekly closures must definitely be above 102,700; otherwise, discrepancies in timeframes could be problematic. There are already many inconsistencies present.
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