📊 Bitcoin on weekly chart: key zone in play
On the weekly chart, we can clearly see how #bitcoin continues to respect a long-term bullish channel, marked by two parallel trend lines.
After the strong move that pushed the price to the historical highs around 120–126k, the market has entered a normal corrective phase within a larger bullish structure.
We are testing the lower part of the channel, which acts as dynamic support.
📈 If there is a rebound →
• Bullish structure intact
• Attack on highs
• New ATH in 2026 due to cycle and adoption
⚠️ If the channel is broken →
• Further correction and consolidation
🧠 Normal volatility. The trend is in control.