BTC: Buyers' Comeback — or Return of the Bears😉📈 My weekly look at Bitcoin, unfortunately only today due to illness... I currently see no clear entry signal — I'm watching and trading BTC short-term only with significantly reduced positions. My long-term holdings remain unchanged. 1. WHAT I SEE IN THE CHART For the first time since October 2025, Bitcoin closed last week above an important line (March 2024 high — at around $73,835) that was lost earlier this year. This week the price is falling back and now testing it from above. This is where it will show whether the comeback holds. Three things make me cautious: First, the green weekly candles came with strikingly low trading volume. Real upward moves are normally carried by strong volume. Second, for about 47 days now, sellers have been continuously paying buyers in the futures market — one of the longest such phases ever. When the price then rises, it can be because sellers are forced to close their unprofitable positions, not because new buyers are stepping in. Third, the medium-term weekly average (EMA150, blue in the chart) runs exactly through the zone the price is currently testing. If it holds, that's an argument for a further rise. If it breaks, support is missing and we could at least continue moving sideways within the range. 2. WHAT SUPPORTS BITCOIN Over the past four weeks, US Bitcoin funds saw inflows of around $2.4 billion — significantly more than miners could produce. BlackRock's fund holds over 800,000 Bitcoin, nearly 4 percent of all coins ever mined. According to VanEck, long-term holders have started buying again after a long selling phase. Strategy bought another 34,000+ Bitcoin on April 20. 3. WHAT WEIGHS ON BITCOIN The Iran war continues, the Strait of Hormuz remains largely blocked. OPEC is in its toughest phase in years — the UAE just announced its withdrawal. Brent crude is 44 percent above pre-war levels. US inflation at 3.3 percent — the highest since May 2024. $BTC $ETH $SOL #FedApril4Dissents #USIranLongTermBlockade #KelpDAO71MUnfreeze