$BTC UPDATE: The weekly chart and structure remain intact,
CRYPTO KICK
Updated at: 2 hours ago
{"content":"$BTC UPDATE:
The weekly chart and structure remain intact, holding steadily above the 100K level. As long as price continues to sustain above this zone, buyer interest is expected to rise from those key levels and sweeping of a 100k and reclaims back under it was good, keeping upward pressure on the market.
Recently, we witnessed sharp rebounds across stocks, partly fueled by Trump’s remarks on the stock market. Additionally, the official end of the U.S. government shutdown has removed a major layer of uncertainty. Markets generally dislike ambiguity, so even just gaining clarity often leads to a shift in sentiment. In the short term, this typically translates into relief buying, as investors regain confidence, funding concerns ease, and sectors linked to government contracts experience a bounce.
That said, this isn’t a “go all in” signal, rather, it’s a step toward stability at a time when confidence has been fragile.
On the technical side, the Daily and H4 charts still reflect a broader selling structure, with the 106–107K levels acting as critical zones to watch. As discussed in my Saturday live session with the Elites, BTC’s bounce from 102K, and depending upon the price action I advicesd them to buy under 102k as PA looks clean to go upside from those levels on retracement combining with the structure, towards the 106–110K range aligns with liquidity resting above those areas. With rising bearish sentiment, the market could easily squeeze late shorts and punish overextended bears.
With today’s stock market open and this week’s inflation data likely to serve as key catalysts for near term direction. Expect an exciting and potentially volatile week ahead.
#BTC ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/10/4ac221cf1dd4006988a94ad96cf529cd.png","https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/10/2e792d2ae7e470eff962b616f2be4433.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}