Where will the next destination be $BTC ❓❓❓
The weekly Bitcoin chart shows price action resembling the late 2021–2022 bear market. In 2021, BTC hit a new all-time high (ATH) of $69,000 in November and then corrected by 77.57% from that peak to the 2022 low of around $15,476 over 378 days. Then it consolidated for the next 112 days before starting a new bull cycle in 2023.
🎯In the 2025–2026 period, BTC reached a new ATH at $126,199 in October 2025 and has since corrected by 52.38%, reaching the low of $60,000 in the first week of February. Then BTC recovered within a broader downtrend, retesting and facing rejection at the 100-week EMA around $82,000 in early May. This rally between February and early May is considered by many analysts to be a bull trap before the main downtrend continues.
📈Since this retest of the 100-week EMA, BTC has corrected by more than 29% and reached a new yearly low of $58.1153 this week.
If the current regime follows the 2021–2022 pattern, BTC could experience further correction, reaching a low of $28,300 (77.51% of the 2025 ATH) in mid-October. Then it would consolidate for the next 112 days before starting a new bull cycle (as seen in 2023, discussed above).
On the daily chart, BTC maintains a bearish bias because the price remains below the key EMAs. The 50-day, 100-day, and 200-day EMAs are at $67,877, $71,255, and $77,031 respectively.
The Relative Strength Index (RSI) on the daily chart at 32 is slightly above the oversold area, while the Moving Average Convergence Divergence (MACD) is flattening near the zero line with a slight positive reading, which only indicates decreasing downside pressure rather than a clear recovery.
#TradebStocks EtherFalls5.6%To$1555$REZ $TURTLE
The weekly Bitcoin chart shows price action resembling the late 2021–2022 bear market. In 2021, BTC hit a new all-time high (ATH) of $69,000 in November and then corrected by 77.57% from that peak to the 2022 low of around $15,476 over 378 days. Then it consolidated for the next 112 days before starting a new bull cycle in 2023.
🎯In the 2025–2026 period, BTC reached a new ATH at $126,199 in October 2025 and has since corrected by 52.38%, reaching the low of $60,000 in the first week of February. Then BTC recovered within a broader downtrend, retesting and facing rejection at the 100-week EMA around $82,000 in early May. This rally between February and early May is considered by many analysts to be a bull trap before the main downtrend continues.
📈Since this retest of the 100-week EMA, BTC has corrected by more than 29% and reached a new yearly low of $58.1153 this week.
If the current regime follows the 2021–2022 pattern, BTC could experience further correction, reaching a low of $28,300 (77.51% of the 2025 ATH) in mid-October. Then it would consolidate for the next 112 days before starting a new bull cycle (as seen in 2023, discussed above).
On the daily chart, BTC maintains a bearish bias because the price remains below the key EMAs. The 50-day, 100-day, and 200-day EMAs are at $67,877, $71,255, and $77,031 respectively.
The Relative Strength Index (RSI) on the daily chart at 32 is slightly above the oversold area, while the Moving Average Convergence Divergence (MACD) is flattening near the zero line with a slight positive reading, which only indicates decreasing downside pressure rather than a clear recovery.
#TradebStocks EtherFalls5.6%To$1555$REZ $TURTLE