BTC UPDATE:BTC is currently respecting the demand zone on the 4-hour chart, which is a good sign. The $65K level appears to be a strong support region for BTC, which it needs to hold for bullish momentum. BTC is currently attempting to break out from the trendline resistance level, and a successful breakout would be a positive sign.
Since we have the weekly close tonight, volatility is expected. BTC needs to close above the $65K level for a bullish move in the coming week. If the closure is below this level, we can expect a choppy market in the coming week. Given the weekly closure, it is advisable to trade altcoins cautiously and use stop-loss.
@ChartsSignalsTrading
