📆 BTC Weekly Insight : Rejection, Breakdown & What Comes Next
The levels speak… the weekly chart is whispering caution 🧱
⚠️ Week Opens Bearishly: Rejected Before It Even Began
BTC kicked off the week at $117,216, attempting a push to $119,720, but momentum failed early.
🔹A sharp rejection followed → forming a lower high at $117,456, hinting at weakness right from the start.
But it didn’t stop there, my friend…
🚨 Key Support Lost:
🔹BTC didn’t just lose $117,216, it shattered below the key support at $117,084, and then broke structure further → making a fresh low at $116,454
🔹That’s no longer just a dip → that’s a signal.
🔹Currently, BTC is hovering near $116.9k, just beneath broken support → a bearish posture unless reclaimed soon.
🔍 What’s Below? Eyes on the Gap & the Line That Must Hold
🔹If pressure continues, two major zones come into play:
🟠 CME Gap: $114,200 → still unfilled, still a price magnet
🔻 True Key Support: $113,400 → the last weekly wall before deeper downside
🔹This is the battleground. A bounce from here keeps the weekly structure alive. A break? That’s a new narrative.
🧠 Structure Outlook: Hanging by a Thread
🔹The weekly structure is not fully broken, but the candles are creeping into danger zone.
🔹Lower highs are stacking. Support is bending. Momentum is fragile.
🔹If bulls don’t show up now, we could see a fast drop to CME zone → and possibly deeper.
⚡ Meanwhile… Alts Look Stronger
🔹ETH is still holding above monthly support around $3715, and many alts show 3–5% gains → but don’t be fooled.
🔹If BTC slips hard into the $114–113k zone, altcoin strength could vanish in an instant ⚠️
🍸 Final Whisper:
"The most dangerous moves are the quiet ones… don’t chase noise, follow structure."🌱
#TrumpTariffs #TrumpVsMusk #IsraelIranConflict #TradersLeague #bitcoin $BTC $ETH $XRP