Bitcoin's weekly chart is sending a strong technical message – and it’s hard to ignore. After breaking above a long-standing yellow resistance zone, $BTC has flipped this key level into support, opening the door to a possible move toward the $150K region. 📈
Let’s break it down from a technical perspective 👇
📊 Weekly Structure: Strength Confirmed
Bitcoin broke through the yellow resistance line several weeks ago – a level that previously capped upside attempts for months. This breakout was decisive, and price action since has shown healthy consolidation above the new support, currently near $99.6K.
This type of structure – resistance turned support – often precedes sustained uptrends in crypto, especially when supported by volume and macro sentiment. 🔄
💎 Key Technical Zones
🟡 Support Zone (Weekly): ~$99,600
A critical zone to watch. As long as $BTC holds above this level, the bullish structure remains intact.
🔴 Resistance Zone (Weekly): ~$148,000
If momentum picks up and macro tailwinds align, BTC could begin testing this area in the coming weeks or months.
🧠 Why $150K Is Possible?
✅ Structure Breakout on the weekly timeframe
✅ Support Reclaim after consolidation
✅ Macro Trend still favors upside for BTC in long-term cycles
✅ Market Sentiment improving as institutions and retail re-engage
Although short-term volatility can arise, the bigger picture suggests strength. Patience and proper planning are essential in these moments.
⚠️ Risk Awareness
The crypto market is known for its unpredictability. While the path toward $150K looks technically possible, nothing is guaranteed. A break below key support could shift this outlook.
Risk management and timing matter. Stay adaptive and protect your capital.
✨ Final Thoughts
Bitcoin’s weekly chart has evolved—resistance is broken, and higher targets are now within reach. With proper confirmation, $150K becomes a realistic technical projection rather than just speculation.
Are you watching this level too? Let’s see how the chart unfolds in the coming months. 🕒
💬 Drop your thoughts in the comments..!
👉 $BTC
