$BTC Looking at the weekly structure, Bitcoin seems to be following a very familiar bull–bear pattern. The previous uptrend was clean — a strong rally with multiple bull flags stacking one after another, eventually topping out somewhere in the $118K–$130K range.
After that, the market flipped hard into a bearish phase, and interestingly, even the downside respected structure — forming consistent bear flags on the way down.
Now here’s where it gets interesting…
Some analysts are already calling a cycle bottom around the $45K zone. From there, the projected move points toward a recovery rally targeting roughly $89K as the first major resistance.
The overall structure looks surprisingly symmetrical, which makes the setup quite compelling from a technical perspective. Of course, whether the market follows this exact roadmap is uncertain — but as a framework, it makes sense.
Key level to watch: how price behaves if we approach that $89K zone. That reaction could define the next major trend.
BitcoinETFsSee$131MNetInflows