Bitcoin Weekly Chart Summary-2 (as of May 6, 2025)

Trend: Bullish, inside a rising parallel channel.
Price: ~$93,767, facing resistance near $95K–$100K.

Support Zones: 88K, $80K, $73K.

Breakout: Confirmed from descending wedge; above major EMAs.

RSI: Neutral-bullish (~57), room for upside.
ADX/DMI: Positive trend, but flattening—watch for momentum shift.
Volume: Declining—needs breakout confirmation with strong volume.

Key Level to Watch: Close above $95K may target $110K–$120K; drop below 88K risks retracement.