As Bitcoin hovers just below its recent all-time highs, analysts are closely watching the upcoming weekly candle close, with a particular focus on the $104,500 level. This price zone is now seen as a key battleground for bulls and bears — and the outcome could shape the next phase of the market.

🔍Key Insights:

  • Support Under Pressure:

    Bitcoin is currently trading beneath its recent all-time highs, testing support levels first established in late 2024. These levels are crucial for maintaining the broader bullish structure.

  • Risk of Deeper Pullback:

    Some analysts warn that a “deeper pullback” could occur if BTC fails

Buy and trade : $BTC