Bitcoin faces a crucial weekly close with $100,000 support at stake amid ongoing whale selling. Traders are eyeing key price levels, including $103.5K, and the 50-week EMA at $100,940 for signs of strength. Concerns about a potential “death cross” on the daily chart loom as the US government shutdown impacts the economy.

Crypto markets anticipate positive news on the US government shutdown and a potential end to trade tariffs for a boost in stocks. Analysts predict an “expansion” in Bitcoin price if the shutdown ends, marking the end of a possible manipulation phase. However, caution is advised as institutional demand wanes and OG whales continue selling, keeping market expectations in check.

Read more at CoinTelegraph: Bitcoin Weekly Close Could Decide the Fate of Its Bull Market