đ Is the Bull Run Over? A Crucial Weekly Close Ahead
Take a look at the current $BTC weekly chartâit bears a striking resemblance to the 2021â2022 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, weâve seen a similar pattern in 2025âbut this time it's high-profile figures like Trumpâs team and Elon again showing crypto support, contributing to the recent ATH.
Now, weâre 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 2021â2022.
đ Things to watch:
â Weekly close is critical â a rejection from this level could confirm a top.
â Macro support/resistance zones â breaking key levels can trigger large moves in either direction.
â ïž Reminder for traders:
Be cautious with leverage and stay disciplined. This weekâs close could shape the market direction for months.
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