Stop Everything & Look at This Weekly Bitcoin Chart...
BlockchainBaller
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Stop Everything & Look at This Weekly Bitcoin Chart...
This Needs Your Full Attention...
Look closely at the weekly structure of $BTC …
Bitcoin has tapped the same major zone three different times, and every time it hit this area, the market reacted sharply.
This level is NOT random it’s a powerful supply zone.
So what does this pattern really mean? Let’s break it down
1️⃣ Possibility One: It’s a Classic Rejection Zone
BTC keeps getting rejected from the same region again and again.
This usually tells us that big players are taking profits there, creating heavy selling pressure.
But here’s the twist:
Even after those rejections, BTC keeps forming higher lows, showing the market still wants to push upward.
This is how accumulation often looks in a long-term uptrend.
2️⃣ Possibility Two: The Retest Before the Real Move
Those horizontal support levels you see?
They’re the key zones BTC can retest before choosing the next big direction.
If BTC stays above the higher support, the bulls remain strong.
If it breaks below, then deeper retracement becomes possible.
But remember:
Despite the corrections, the overall structure is still bullish, and true trend reversal only happens if BTC loses the deeper support level.
Just like before, I’ll update you before the next major BTC move the same way we caught the pump from 85,000 → 92,000 perfectly.
Stay alert, the weekly chart is setting up for something big
This Needs Your Full Attention...
Look closely at the weekly structure of $BTC …
Bitcoin has tapped the same major zone three different times, and every time it hit this area, the market reacted sharply.
This level is NOT random it’s a powerful supply zone.
So what does this pattern really mean? Let’s break it down
1️⃣ Possibility One: It’s a Classic Rejection Zone
BTC keeps getting rejected from the same region again and again.
This usually tells us that big players are taking profits there, creating heavy selling pressure.
But here’s the twist:
Even after those rejections, BTC keeps forming higher lows, showing the market still wants to push upward.
This is how accumulation often looks in a long-term uptrend.
2️⃣ Possibility Two: The Retest Before the Real Move
Those horizontal support levels you see?
They’re the key zones BTC can retest before choosing the next big direction.
If BTC stays above the higher support, the bulls remain strong.
If it breaks below, then deeper retracement becomes possible.
But remember:
Despite the corrections, the overall structure is still bullish, and true trend reversal only happens if BTC loses the deeper support level.
Just like before, I’ll update you before the next major BTC move the same way we caught the pump from 85,000 → 92,000 perfectly.
Stay alert, the weekly chart is setting up for something big
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
87,622.45
+1.92%