This week's Bitcoin weekly chart looks starkly clear, presenting a long bearish candle. Its sharp decline makes one hesitant about the market, raising doubts. On the weekly chart, the bearish forces hold absolute dominance, firmly suppressing the price at low levels, with around 87 becoming a ceiling that is difficult to surpass for a rebound.

Faced with such a clear bearish trend, we should remain calm and follow the key support levels of 74, 68, and 55 on the weekly chart for our operations. When the price reaches these positions, it will be the time for us to look for rebound opportunities, needing to maintain our pace and advance gradually. Just like the previous strategy from 79 to 86 and then to 94, we rely on cost advantages, steadily moving forward wave after wave, allowing the 'retail investors' in the market to take turns, yet they find it hard to escape the fate of being harvested.

In the short term, 79 has become the current support level, while 825 constitutes the pressure level above. If the price hovers uncertainly around 825 and cannot stabilize, then the support at 79 is likely to be unsustainable, and the price will continue to test lower levels. As for 867, being a key strength point since 91, if it can effectively stabilize above this level, it could lead to a decent rebound. Otherwise, the pressure from the trend line will persist, and the market is like playing a dangerous 'seesaw' game; once support is lost, it will drop even more severely.

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