Weekly
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BTC
11/02/2025

BTCUSDT

BTC weekly analysis (week 44)

BTCUSDT_2025-11-02_23-57-33.png
  • Trend = bullish
  • Phase = 2
  • The level to reclaim to be bullish again is 115.268,01 $. But this week this level acted as resistance.
  • Bullish within this set-up is that the lows were retested but remain unbroken at this moment (1H until candle close). We need to look at the daily chart, to see possible signs of reversal.
  • Even if we see any bullish reaction, we need to remain cautious. The level 115.268,01 $ and also the level 119.415,55 $ can both act as a shoulder level for an eventual head and shoulders pattern. But we don't have a break of structure yet, so we remain bullish.