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🚀 Bitcoin ($BTC ) Weekly Outlook – Rejection from Historical Trendline! 🔥💯 Current Price: $84,365.55 (Weekly -0.94%) 📉 Macro Market Structure: • BTC is showing a clear macro uptrend with a major BOS around $60K • However, it just rejected from the same upper trendline that capped price in late 2021 • Marked FVGs are forming support, but we’re seeing lower time frame weakness 🧠 Key Observations: • Repeated rejections from trendline highlight institutional sell zones • A large FVG block below ($73K–$78K) might be the magnet if weakness continues • If bulls regain control above $88K, expect a run to $100K psychological zone 📍Key Weekly Levels: • Resistance: $88,000 – $100,000 (trendline cap & ATH breakout zone) • Support Zone: $78,000 – $73,000 (FVG cluster) • Major Support: $60,000 (BOS origin & demand) ⚠️ Risk Management Note: This is a weekly chart – macro structure still favors bulls unless $73K is broken cleanly. That would shift structure into consolidation or possible deeper correction toward $60K. 📈 Long-Term Outlook: Still bullish, but expect volatility between $73K and $88K. Any weekly close above $88K opens the gate to price discovery toward $100K+. Pro Tip: Zoom out. Big players are watching the same trendlines and fair value gaps you are. Use weekly FVGs for strategic swing entries – not intraday noise. BTC at the Edge – Time for Bulls to Prove Their Power! $BTC BTC 84,892.14 +0.98% #BTC #bitcoin #CircleIPO #BitcoinETFs
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🚀 Bitcoin ($BTC ) Weekly Outlook – Rejection from Historical Trendline! 🔥💯 Current Price: $84,365.55 (Weekly -0.94%) 📉 Macro Market Structure: • BTC is showing a clear macro uptrend with a major BOS around $60K • However, it just rejected from the same upper trendline that capped price in late 2021 • Marked FVGs are forming support, but we’re seeing lower time frame weakness 🧠 Key Observations: • Repeated rejections from trendline highlight institutional sell zones • A large FVG block below ($73K–$78K) might be the magnet if weakness continues • If bulls regain control above $88K, expect a run to $100K psychological zone 📍Key Weekly Levels: • Resistance: $88,000 – $100,000 (trendline cap & ATH breakout zone) • Support Zone: $78,000 – $73,000 (FVG cluster) • Major Support: $60,000 (BOS origin & demand) ⚠️ Risk Management Note: This is a weekly chart – macro structure still favors bulls unless $73K is broken cleanly. That would shift structure into consolidation or possible deeper correction toward $60K. 📈 Long-Term Outlook: Still bullish, but expect volatility between $73K and $88K. Any weekly close above $88K opens the gate to price discovery toward $100K+. Pro Tip: Zoom out. Big players are watching the same trendlines and fair value gaps you are. Use weekly FVGs for strategic swing entries – not intraday noise. BTC at the Edge – Time for Bulls to Prove Their Power! $BTC BTC 84,892.14 +0.98% #BTC #bitcoin #CircleIPO #BitcoinETFs
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