The battle around the weekly MA100 continues.

$BTC tested this level again, and somehow bulls managed to defend it, holding structure like we’ve seen in past cycle.

Simply put, If bulls hold and push, the next logical target is the MA50. Reclaiming that would shift the momentum.

If bears take this level, it simply increases the probability of a deeper corrective move. Nothing confirmed, but the structure would start leaning that way.

How are you seeing this?

https://x.com/crypto_ideology/status/1995857052703621591