#If We Take a Broader Look at Bitcoin with the Weekly Chart; We Can Mention That the Positive Momentum Continuing Since 2023 Has Been Healthy. Since May, Bitcoin Has Been Staying Above the $100,000 Psychological Level, Approaching the Midline of the Long-Term Ascending Channel This Month. The Short-Term Target of $125,400, If Surpassed with Weekly Closings, Could Initially Trigger Movement Towards the $150,000 Region and Then Towards the $200,000 - $230,000 Range, Which is the Upper Limit of the Channel in the Medium Term. Looking at the Previous Years' Upward Cycles, the Long-Term Target Area Over a Year Technically Extends Up to $310,000. On the Other Hand, Increasing Selling Pressure in the Short-Term Target Area of $125,000 Could Create a Downward Momentum. This Could Cause Bitcoin to Retrace Towards the $100,000 Psychological Level in the First Stage. In the Event of a Possible Drop, Protecting $100,000 Could Ensure the General Trend Moves Stronger Towards the Medium and Long-Term Targets Again. However, Losing the Psychological Level Would Also Bring Along the Risk of a Significant Correction Towards the $67,000 Region. This Could Only Be Triggered by a Serious Deterioration in Macroeconomic Conditions or the Formation of a Risk That Could Threaten the Global Economy. $BTC