#BTCRebound
Bitcoin’s Weekly Chart Analysis:
On the weekly chart, Bitcoin struggled to sustain a breakout above the $85,500–$86,300 resistance zone**. Despite briefly surpassing this level, it failed to close above $86K, leading to a pullback toward the nearest support at $82,500–$83,800.
✅ Why This Support Matters:
If Bitcoin’s weekly candle closes above $82,500, another retest of the $85.5K+ resistance becomes likely. Additionally, potential easing in US-China trade tensions next week could act as a bullish catalyst. Combined with the falling wedge pattern, this might even propel BTC toward $96–98K.
However, a close below $81,800 could trigger a short-term decline to $78K. For now, odds favor a weekly close above $82.5K.
