📊 Interesting Bitcoin weekly close.


Key observations:


• Price closed above the previous Feb 6 low

• Stop losses below that level were swept, triggering major liquidations

• Weekly RSI showing early signs of bullish divergence

$BTC also closed above the 200-week SMA


This kind of structure often appears during early reversal or accumulation phases.


All eyes now on whether bulls can follow through.



#BTC Price Analysis#


#Macro Insights#

image
June 08, 2026 at 9:12 AM
3
2