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Bitcoin | Weekly Outlook
A weak week for Bitcoin with almost no liquidity, and movement confined within a narrow range of just (4 thousand dollars).
So far, the data does not support a direct downward scenario but indicates continued fluctuation within the current range.
The price remains above the VAL level at 65K, so there is no real confirmation of a trend break yet.
Looking at the volume delta over the past 4 months: it’s clear that selling volumes are gradually surpassing buying volumes, which reinforces the idea that we are in a distribution phase (Distribution) rather than accumulation.
As long as there is no weekly close below 65K, the fluctuation continues.
Expected range: 65K – 72K
Breaking 65K = the beginning of acceleration toward lower liquidity zones (60K and below)
$BTC
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