🚨 $BTC Weekly Closing Scenario – Key Levels to Watch
Right now Bitcoin is approaching critical support and resistance zones that will decide the next move.
Key Supports:
• 70,500 – 70,750 → First immediate support
• 68,800 – 69,100 → Bear flag dynamic support (moving upward)
Key Resistances:
• 73,800 → Mid resistance
• 76,700 → Bear flag resistance (major rejection zone)
Weekly Closing Scenario:
🔴 Bearish Breakdown: If BTC gives a weekly close below 68,500, it will be considered a bear flag breakdown, opening downside continuation.
🟢 Holding Structure: If BTC holds above supports, price may continue ranging inside the bear flag before the next major move.
Technical Insight:
Bear flag support is rising slowly, meaning BTC is getting squeezed — and this compression will eventually lead to a strong move.
Trade Here 👇🏻
