📉 Is the Bull Run Over? A Crucial Weekly Close Ahead
Take a look at the current $BTC weekly chart—it bears a striking resemblance to the 2021–2022 cycle. Back then, we saw a parabolic rise followed by sideways consolidation and then a sharp decline. Are we seeing history repeat?
Just like in 2021, when Elon Musk announced major crypto investments and Bitcoin soared to an ATH, we’ve seen a similar pattern in 2025—but this time it's high-profile figures like Trump’s team and Elon again showing crypto support, contributing to the recent ATH.
Now, we’re at a key inflection point. If Bitcoin fails to break and hold above $110K this week, we may be entering a bearish phase, possibly echoing the post-ATH correction from 2021–2022.
🔍 Things to watch:
✅ Weekly close is critical — a rejection from this level could confirm a top.
✅ Macro support/resistance zones — breaking key levels can trigger large moves in either direction.
⚠️ Reminder for traders:
Be cautious with leverage and stay disciplined. This week’s close could shape the market direction for months.