Hey guys, hope everyone’s good! Back in May 2025, I dropped some insights about Bitcoin, and now in November, it’s chilling at the support trend line on the Weekly chart. If we close below this line on a weekly candle, that’s a sign to get out.
This week could be a wild ride. Will Bitcoin bounce back or not? If it doesn’t, it might mean we’ve hit a wall at $125k for this cycle.
Definitely an interesting week ahead. Everyone’s watching that trendline closely. Fingers crossed Bitcoin takes a leap and reverses. If it doesn’t, I honestly have no clue what will happen next, but bear season might be here, and we could be headed below $74k.
Appreciate the charts you shared, you really know your TA! I remember the last post you made, and yeah, you called it right. Bitcoin’s in a key spot right now, and big decisions are coming up in the next week or two. Whatever happens, I’m looking forward to the trading opportunities.
By the way, I see the ATH at $126k, not $125k, and even our buddy from WO backs that up.