Bitcoin is currently revisiting the critical breakout level established by its inverse head-and-shoulders pattern. This level now serves as a decisive pivot: as long as BTC maintains a weekly close above it, the bullish momentum is likely to remain in favor.
Traders should note that if BTC fails to hold this zone, the market could face another corrective move, highlighting the importance of monitoring weekly closes closely.
In essence, the current retest will determine whether the bullish structure continues or if a downside correction is triggered.
