With the end of the week, we get the familiar moment of the market reflection – closing the weekly Bitcoin candle. It is the type of checkpoint that does not only summarize the past seven days, but also determines the stage of what will come. Rejection or continuity, or perhaps the beginning of something completely different – it is all about how to print this final candle.
But the numbers alone do not tell the full story, and here comes the Bolinger teams.
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Think about it as less as indicators and more as a flexible boundaries constantly adapt to price behavior. The middle range, which is average moving, works as an attractive calculation, while external domains expand and contract fluctuations, giving merchants a sense of time when the price may extend in one direction.
For the second consecutive week, Bitcoin (BTC) was hanging near the lower Bollinger, and did not penetrate it but bounce – twice now. This is not just a random step.
Usually, when the price finds the support at this lower level and carries it, this is a sign of at least a temporary ground, a region where the pressure pressure fades and buyers begin to intervene. If this style continues, the next thing to see is the middle range at about 94,300 dollars, which is approximately 11.25 % higher than its place.
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Nothing indicates a rapid outbreak. This is the way the weekly time frame works.
Candles move there slowly, and their signals tend to play for weeks, not days. Therefore, although this is not a short -term invitation to work, it is a reference to the idea that Bitcoin may build a base here, and it is the basis for something larger.
