Bitcoin Is Getting Ready for a Breakout?
Bitcoin has now spent four consecutive weeks moving sideways, following a sharp decline from $126,000 down to $80,000. Since then, price action has stalled, leaving traders stuck in a waiting game.
So the big question is: Will Bitcoin finally break out this week?
Let’s go straight to the charts.
BTCUSDT (Weekly Timeframe)
Before focusing on the current consolidation, it’s important to zoom out.
On the weekly chart, Bitcoin is still technically in a downtrend. This downtrend will remain valid as long as price stays below the $98,000–$100,000 zone, which is where the bullish market structure previously broke.
Until BTC reclaims that area and holds above it, the higher-timeframe trend remains bearish.
BTC Weekly Range
Bitcoin continues to trade within a clear weekly range:
Range Low: $85,000
Range High: $93,000
Nothing has changed here—price is still trapped between these two levels.
A true directional move on the weekly timeframe will only occur once Bitcoin closes and holds above $93,000 or below $85,000. Until then, we remain range-bound.
BTCUSD (Daily Timeframe)
The daily chart tells the same story.
There has been:
No daily close above $93,000
No daily close below $85,000
This means there is no high-probability directional trade setup on the daily timeframe right now.
If you’re trading inside this range, you’re essentially range trading, which requires precision and experience. Otherwise, the smartest move is patience—waiting for price to hold above or below the range boundaries before committing to a direction
Bitcoin Breakout This Week?
One structure worth paying attention to is the ascending triangle forming on the lower timeframes.
This pattern suggests:
Higher lows are being maintained
Price is repeatedly testing the $93,000 resistance
There isn’t much room left inside this structure, which increases the likelihood of a breakout attempt this week—something I’ve already mentioned previously.
Key Levels to Watch:
Resistance: $93,000
Support / Key Low: $87,500
Yesterday’s move resulted in a fakeout, making that recent low extremely important.
➡️ If price holds above that low, the bullish structure remains intact.
➡️ A break below it would weaken the bullish case and would not be ideal for buyers.
Final Thoughts
For now, this remains a waiting game. Bitcoin is compressing, volatility is building, and a move is coming—but direction is still unconfirmed.
The breakout will only be validated once price holds outside the range.
📊 Which way do you think Bitcoin breaks—up or down?
