$USDC
Bitcoin’s Next Move: Reclaiming the Throne or a Pause Before the Climb?
The $BTC /USDT weekly chart is painting an intriguing picture — one that blends recent correction, solid recovery, and strong undercurrents of bullish interest. After reaching a local high around $109,588, Bitcoin pulled back, finding its footing near the $78,500 region. But now, it's climbing again, hovering just over $95,000, and the price action suggests it's regaining strength.
This isn’t just noise. The bounce from recent lows is significant and steady, not impulsive or overly volatile — which often signals stronger hands buying in rather than just speculative pumps. Support around $78K held well, confirming it as a firm zone where buyers step in with confidence. Now BTC is approaching a key inflection zone between $95K and $100K. This is the battleground — if Bitcoin can break and sustain above $100K, it could challenge the previous high and march toward new all-time highs.
What really stands out here is the order book strength — buyers heavily outweigh sellers at the moment. Over 85% of the volume sits on the bid side, showing clear bullish dominance. Volume indicators confirm growing interest, and moving averages have stayed supportive, with price comfortably above the 5-week and 10-week averages.
Short-term, some chop could