Analysis for $BTC (Bitcoin) on a Weekly Timeframe:

**EMA200 Support:** Bulls are steadfastly defending the critical weekly EMA200 at approximately 25.6k.

**Bullish Momentum Threshold:** To instigate a sustainable bullish momentum, Bitcoin's bullish camp must successfully secure a weekly candle close above the 28k mark.

**Downside Scenario:** In the event that the weekly candle concludes below the EMA200, the subsequent support level of significance to monitor would be around the 20k range.

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