$BTC might be forming a Reverse Cup & Handle on the weekly chart.

This is a bearish continuation pattern, and here’s how it works:

Price forms a rounded top → the “cup”

Then it bounces up slightly → the “handle”

After that, the chart usually breaks down sharply

And right now, BTC’s structure actually matches this pattern:

✔ A rounded top already formed at $126k

✔ BTC dropped to $86k (the cup bottom)

✔ Now it’s bouncing back toward resistance

✔ If price gets rejected around $97k–$100k, the handle completes → and the next big move can be down

Key levels for the reverse cup & handle:

🔥 Resistance (handle zone):

$97k – $100.5k

This is where BTC should struggle.

⚠️ Breakdown zone:

$86k – $87k

Falling below this confirms the pattern.

📉 Downside targets (if confirmed):

$72k, $58k, or lower depending on momentum.

BTCUSDT

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