Bitcoin Getting Ready for a Breakout? 👀📊
It’s been four weeks since Bitcoin has been stuck in the same range. After that sharp drop from $126K to $80K, price has basically gone quiet — no real movement, no clear direction.
So the big question is 👉 do we finally see a breakout this week?
Let’s jump straight into it.
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BTCUSDT (Weekly)
Before focusing on the current range, it’s important to zoom out.
On the weekly chart, Bitcoin is still in a downtrend. That won’t change unless BTC reclaims the $98K–$100K zone.
This area is where the bullish structure broke, and until it’s reclaimed, the higher-timeframe trend remains bearish.
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BTC Weekly Range
As discussed last week, Bitcoin is still trapped in a range:
Range Low: ~$85,000
Range High: ~$93,000
Nothing has changed here.
A real directional move on the weekly will only happen once price holds above $93K or below $85K. Until then, it’s just consolidation.
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BTCUSD (Daily)
The daily chart tells the same story.
No daily close above $93K, no breakdown below $85K.
That means no clean trade setup right now.
If you’re trading this range, you’re basically range trading or guessing.
If you’re not experienced with ranges, the smarter move is to wait for price to hold above or below the range before getting involved.
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Bitcoin Breakout This Week? 🤔
One thing worth paying attention to is this ascending triangle.
There isn’t much room left inside it, which suggests that a breakout could be close. I also mentioned this earlier — we might see a move this week or next.
Key levels to watch:
$93K → major resistance, needs to break for upside
$87,500 → important support, aligns with the rising trendline and higher lows
We saw a fakeout yesterday, and I think yesterday’s low is the key level for this week.
✅ If price holds above that low, bulls are still in a good position
❌ A break below it would not look good for bulls
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That’s it for this week’s update.
Nothing new yet — still a waiting game ⏳
Which way do you think Bitcoin breaks? Up or down? 👇
