Bitcoin weekly chart is at a very critical resistance level, where multiple technical signals converge.

From the weekly perspective, an FVG (Fair Value Gap) is resonating with the 50-period EMA. This moving average has consistently shown strong support, with prices bouncing upward each time they touch it. However, this time the situation is a bit special—when the FVG coincides with the EMA, it actually presents a good short entry opportunity.

Switching to the 12-hour analysis tells a different story. Currently, the 12-hour chart still shows bullish characteristics, with higher highs and higher lows, indicating that upward momentum is still intact. From a trading perspective, this position is a good take-profit point for longs. If you want to short, you can either wait for the price to rebound and then short or position on the right side of smaller timeframes.

If you are optimistic about a bullish move, the three marked positions on the chart are worth considering:

**Position 1** is the resonance point between the 12-hour FVG bottom and the 12-hour resistance level, providing technical support.

**Position 2** is where support and resistance switch roles, so you can place a pending order here. It acts as support, benefits from EMA resonance, and happens to be near the start of this upward trend—making this a valuable area for strategic play.

Overall, the weekly and 12-hour timeframes provide different signals, which is precisely where bullish and bearish views diverge, and often the most trading opportunities arise.